We analyse how changes in international trade integration affect productivity and the functional income distribution … integration increases productivity. Second, we show that international trade integration is associated with higher labour shares …

We analyze how changes in international trade integration affect productivity and the functional income distribution … trade integration increases productivity. Moreover, we show that both trade in intermediate inputs and trade in value added … in value added on the labor share of income. Further, we show that the effects on productivity and labor share are …

substitution is low, then GDP, productivity and wage growth may however still slow down, because the economy will then fail to …, productivity, and GDP. …