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across countries and sectors. On the other hand, opening to trade boosts individual firms' productivity growth, via a number … of channels, and also enhances allocative efficiency across firms, in turn increasing aggregate productivity growth. One …
Persistent link: https://www.econbiz.de/10012868134
across countries and sectors. On the other hand, opening to trade boosts individual firms’ productivity growth, via a number … of channels, and also enhances allocative efficiency across firms, in turn increasing aggregate productivity growth. One …
Persistent link: https://www.econbiz.de/10012020346
We demonstrate that common modeling assumptions underlying micro-unit productivity indices induce biases in the … evolution and decomposition of standard aggregate productivity measures. After controlling for such biases, we decompose … aggregate productivity based on groups of economically significant firm types. We show that large incumbent firms that both …
Persistent link: https://www.econbiz.de/10011802718
This paper investigates if trade can help achieve the United Nations Sustainable Development Goal of poverty eradication using microeconomic and macroeconomic mechanisms and the effects of trade and trade policy on consumer prices, producer prices, and wages. As these mechanisms affect the real...
Persistent link: https://www.econbiz.de/10011576860
We investigate the effect of better access to foreign markets on innovation strategies of multi-product firms in industries with different scope for product differentiation. Industry-specific demand and cost linkages induce a distinction between the returns to innovation. In differentiated...
Persistent link: https://www.econbiz.de/10011283837
This paper studies the innovation strategies of multi-product firms in industries with different scope for product differentiation. In a simple model of multi-product firms, we show that returns to product versus process innovation are industry-specific. Demand and cost linkages induce a natural...
Persistent link: https://www.econbiz.de/10010396076
We investigate the effect of better access to foreign markets on innovation strategies of multi-product firms in industries with different scope for product differentiation. Industry-specific demand and cost linkages induce a distinction between the returns to innovation. In differentiated...
Persistent link: https://www.econbiz.de/10013020507
Two issues stand out in this conversation. The first concerns the unfinished business of the global fight against the scourge of poverty, which impacts one region more than most: Africa. At the same time, a key pre-requisite for economic performance - affordable and efficient public...
Persistent link: https://www.econbiz.de/10010426539
In this study, we test the hypothesis that an industry's average productivity increases with liberalised trade in the … reallocation in these industries. For this purpose, we employ a kernel density estimator to approximate the global productivity … percentiles of the global productivity distribution shift to the right with liberalised international trade. Moreover, countries …
Persistent link: https://www.econbiz.de/10012749846
extension of our approach to multivariate diffusions, in which one can permit innovations to productivity to be transmitted …
Persistent link: https://www.econbiz.de/10013009768