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productivity heterogeneity. The model brings theory and data closer along a key dimension: it generates positively related prices …
Persistent link: https://www.econbiz.de/10008657349
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productivity directly, by reallocating resources towards more productive uses, but also indirectly through the effects of increased …
Persistent link: https://www.econbiz.de/10011337988
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labour productivity. The service intensities in the sectoral production mix are lower in countries with higher manufacturing … shares. This holds for both catching up and developed economies. However, servitization is largely unrelated to productivity …
Persistent link: https://www.econbiz.de/10012598433
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robust advancements in labor productivity. Next, the primary drivers of labor productivity growth and convergence across many … economies were driven by total factor productivity, labor quality, and digital transformation. Lastly, digital transformation … not only directly contributed to the augmentation of labor productivity, as quantified through growth accounting …
Persistent link: https://www.econbiz.de/10014339316
We study the relationship between ICT, total factor productivity and export at the firm level in Belgium, France and … productivity improvements. We allow for endogeneity, unobserved heterogeneity, dynamic feedback, initial conditions and …
Persistent link: https://www.econbiz.de/10015076749
Recent models of trade with firm heterogeneity predict that opening to trade reduces the number of firms, increases the average size of firms, and decreases firms' markups. This paper uses a large dataset for 28 manufacturing industries and 46 countries to test these predictions. The econometric...
Persistent link: https://www.econbiz.de/10014218443
This paper analyses how globalization has affected inflation in the New EU Members States (NMS), and Poland in particular, since 1995. It finds prices have become less sensitive to domestic economic conditions as trade integration rose, possibly because monetary policy incentives increasingly...
Persistent link: https://www.econbiz.de/10012777528