We quantify agglomeration spillovers by estimating the impact of the opening of a large manufacturing plant on the … total factor productivity (TFP) of incumbent plants in the same county. We use the location rankings of profit … counties. This indicates that the ultimate effect on profits is smaller than the direct increase in productivity …

wages of workers present from startup increase after former MNE workers join domestic firms. Likewise, there is no …

attracted to dense areas, which improve their learning from others. If the skills accumulated in cities are easily transferable … rather than specificity of skills. Small firms thrived, and therefore the transferability of skills increased. The model also …

attracted to dense areas, which improve their learning from others. If the skills accumulated in cities are easily transferable … rather than specificity of skills. Small firms thrived, and therefore the transferability of skills increased. The model also …

advanced Europe, where wages are more closely related to inflation and inflation expectations in the short run, implying … the build up of a real wage overhang relative to sharply slowing labor productivity, which subsequently dragged on nominal … wage rises even as unemployment began to decline. Spillovers of subdued wage growth between euro area countries also …

productivity premium is not entirely offset by an increase in wages. Finally, we conclude that the main channels for …In the past decades, intangibles assets have become an important source of productivity and economic growth in … the impact of intangible investments on productivity growth in frontier countries, there is not much evidence for the …

paper sheds new light on the labour productivity premium from adopting digital technologies and boosting digital skill use …. The productivity premium is decomposed into a direct effect benefitting the firms actually increasing their digital … intensity, and an indirect effect of belonging to a sector with high digital intensity. The firm-level productivity premium of …