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This paper quantifies the importance of different determinants of trade at the industry level using a sample of 54 OECD and non-OECD economies. The empirical methodology extends the approach of previous empirical studies to explicitly quantify the impact that trading partners’ factor...
Persistent link: https://www.econbiz.de/10010375388
Productivity growth has declined in most advanced economies in the past two decades and there are signs that the pace … - international trade in intermediate inputs - for multi-factor productivity growth using a range of cross-country industry-level data … sources. We find that greater participation in GVCs is associated with faster domestic productivity growth at the industry …
Persistent link: https://www.econbiz.de/10012110993
Drawing on the 2018 update of OECD’s Inter-Country Input-Output (ICIO) database, this paper explores the evolution of trade in value added (TiVA) between 2005 and 2015. Changes in international production systems are examined with particular attention given to four key sectors heavily...
Persistent link: https://www.econbiz.de/10012136151
central hubs and peripheral countries and sectors, and examine how these changes impact firm productivity. Using cross … productivity growth of smaller firms, nonfrontier businesses, and of firms in smaller economies and in post-2004 EU member … (centrality weighted) average productivity of buyers matters for the productivity of firms in our data overall, however this is …
Persistent link: https://www.econbiz.de/10011975703
in the same region is associated with increasing productivity of local firms, especially in form of cross …
Persistent link: https://www.econbiz.de/10012230626
products when competition intensifies in their export destinations and that these dynamics lead to productivity gains at the …
Persistent link: https://www.econbiz.de/10012304419
Persistent link: https://www.econbiz.de/10009685512
Industrial specialization has important implications for economic performance; therefore, understanding its determinants is of key policy relevance. This paper quantifies the relationship between factor endowments, policies and institutions and patterns of industrial specialisation in production...
Persistent link: https://www.econbiz.de/10010374411
We examine the relationship between lax monetary policy, access to high-yield bond markets and productivity in the US … higher risk profile. Since the relationship between credit ratings and firm-level productivity is U-shaped, the aggregate … effect on productivity is a priori unclear. Turning to the real economy, we thus analyse whether this additional access to …
Persistent link: https://www.econbiz.de/10011975741
productivity. The effects are investigated both in isolation and in conjunction with the impact of ICT maturity on microdata in six … proportion of ICT-intensive human capital boosts productivity. This seems to confirm the case in favour of recruitment of highly …
Persistent link: https://www.econbiz.de/10011979709