This paper estimates a dynamic general equilibrium model of entry, exit, and endogenous productivity growth …. Productivity is endogenous both at the industry level (firms enter and exit) and at the firm level (firms invest in productivity …-enhancing activities). The focus of the paper is on two activities that make productivity-enhancing investments more attractive, namely …

erect barriers-banning imports or exports of cyber technologies-and in effect promote decoupling or deglobalization. A well … paper is that banning exports can also be optimal, and in some cases superior, as it prevents technological diffusion to a …

featuring (1) quality-segmented markets, (2) step-by-step innovation that moves firms forward along the quality ladder, and (3 … competition: a firm with a large and less-competitive quality segment ahead or forward of it will have strong incentives to … innovate into this profitable segment, while a firm with a small and more-competitive quality segment behind it will also have …

Productivity growth has slowed in most Western countries, a reality well known in the economic literature, and the … the role of productivity distribution and allocative efficiency. We rely on data from the Competitiveness Research Network … both productivity dispersion and allocative efficiency, measured with the Olley and Pakes (1996) methodology, are …

We examine the dynamics of ideas production and knowledge-productivity relationship in a panel of 19 OECD countries. A …&D but little support for endogenous growth. Countries with low domestic ideas bases could considerably improve productivity …

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 …