knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zoneʺ where wages increase with … productivity, to a "Marxianʺ zone where the paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed then productivity, technical progress always increases inequality. Redistribution from profits to …

productivity not only increases the likelihood of exporting, but also the chances of firm survival and continued export market …

knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with … productivity, to a Marxian zone where they paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed than productivity, technical progress always increases inequality. Redistribution from profits to …

knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … productivity, to a "Marxian" zone where the paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed then productivity, technical progress always increases inequality. Redistribution from profits to …

knowledge sector is bounded, as productivity increases, the economy moves from a "Solovian zone" where wages increase with … productivity, to a "Marxian" zone where the paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed then productivity, technical progress always increases inequality. Redistribution from profits to …

In this paper, we build a dynamic model with endogenous firm-level productivity that generates firm heterogeneity as an … positive impact on the equilibrium rate of adoption (and hence firm-level productivity). In addition, the model can replicate … firms; and why Canadian tariff reductions lowered the productivity of the most productive Canadian firms but raised it for …

the stylized facts. Empirically, higher productivity firms survive longer, most firm closures are young firms, higher … productivity exporters are more likely to continue to export compared to less productive exporters and market exits as well as firm …

international technology diffusion, trade, cross-country productivity differences, financial development and fluctuations. In many …