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in total factor productivity (TFP), but the sources of TFP differences are not well understood. This paper considers the … parameterization, my model shows that conventional TFP measures overestimate fundamental productivity differences by 30%. I then show …
Persistent link: https://www.econbiz.de/10011311201
The paper shows that the relationship between GDP per capita and levels of specialization can be predicted differently depending on whether the intensive or the extensive margin is considered. It shows that at the extensive margin countries continuously diversify their exports and that...
Persistent link: https://www.econbiz.de/10010382160
This paper examines the relationship between trade (exports), growth, and inequality, using a panel of 100 countries over 30 years (1980 to 2010). As there is no clear theoretical relationship between trade (exports) and inequality, and as inequality can be considered a proxy for 'governance...
Persistent link: https://www.econbiz.de/10010465444
This paper investigates the evolution of the productive structure around the world and the role it plays in the … structure through the Economic Complexity Index. Our results indicate that income inequality at the world level is not linearly …
Persistent link: https://www.econbiz.de/10013549880
Global Manufacturing and International Supply Chains changed the way trade and international economics are understood today. The present essay builds on recent statistical advances to suggest new ways of looking at the demand and supply side approaches when Global Value Chains (GVCs) -...
Persistent link: https://www.econbiz.de/10011435987
imported goods and the productivity differential of domestic firms with the rest of the world. We show that increased import …. Domestic productivity growth converges to the international rate through firm-level investment in process innovation. With … competition, through either a larger number of imported goods or a faster international rate of productivity growth, leads to …
Persistent link: https://www.econbiz.de/10012113952
finds that this argument, although intuitively appealing, does not hold up to careful examination. Although the world …
Persistent link: https://www.econbiz.de/10011638343
This paper develops a dynamic theory that accounts for the evolution of trade policy, underlying internal class …
Persistent link: https://www.econbiz.de/10003397477
We present a multi-country theory of economic growth and R&D-driven technological progress in which countries are … countries it exchanges knowledge with. The diffusion of knowledge throughout the world explains a period of increasing world …. Knowledge diffusion through a Small World network produces an extraordinary diversity of country growth performances, including …
Persistent link: https://www.econbiz.de/10011688459
We present a multi-country theory of economic growth and R&Ddriven technological progress in which countries are … countries it exchanges knowledge with. The diffusion of knowledge throughout the world explains a period of increasing world …. Knowledge diffusion through a Small World network produces an extraordinary diversity of country growth performances, including …
Persistent link: https://www.econbiz.de/10011665033