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to the World Trade Organization.We find that trade liberalization has not switched firms away from exercising product and …
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This paper examines the impact of trade liberalization on firms’ product and labor market power. We estimate the prevalence and intensity of price-cost markups and either wage markups or wage markdowns, taking the dependence between these model-consistent measures of product and labor market...
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been uneven across industries and the impact on productivity growth in most firms has been modest so far. …
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panel of industries in 17 countries from 1993-2007. We find that industrial robots increased both labor productivity and ….37 percentage points. We also find that robots increased both wages and total factor productivity. While robots had no significant …
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productivity. A sectoral decomposition shows that the effect is significant and positive both in the tradables and the nontradables … liabilities at the firm level. -- Foreign aid ; sectoral labour productivity ; Dutch disease …
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