resuscitate HOV by introducing a simple Hicks-neutral (HN) factor-productivity adjustment, an approach that was heavily criticized …. In this paper, we re-examine the productivity question by estimating factor-specific productivities from the individual …-augmenting technological differences. In particular, the factor-productivity adjustment works well for developed members of the OECD. Further …

extension of our approach to multivariate diffusions, in which one can permit innovations to productivity to be transmitted …

. The results reveal that the signs of the estimates such as production factors and total factor productivity are positive …

into their direct (endowment accumulation, productivity growth, changes in trade costs, changing preferences) and indirect … productivity growth, and endogenous changes in expenditures shares on manufacturing goods and services. We quantify the importance … accumulation and trade costs have been the most important drivers of trade in the sample at hand, whereas productivity growth and …

Standard new trade models depict producers as heterogeneous in total factor productivity. In this paper, I adapt the … in value-added productivity. In equilibrium, this yields a positive relationship between the international trade …