faster productivity growth. Although the use of instrumental variables goes a long way towards dealing with endogeneity …

has led many economists to believe that productivity growth in these economies, particularly in their manufacturing … productivity) gains from an outward orientation. This view fails to take into account the equally unusual rapid growth of both … envelope calculations to show that, as regards productivity growth in the aggregate economy and in manufacturing in particular …

channels. First, trade raises productivity levels because producers gain access to new imported varieties. Second, increases in … that aggregates these micro gains to obtain an estimate of trade on productivity growth for each country. We find that in … the typical country in the world, new imported varieties account for 15 percent of its productivity growth. These effects …

Productivity growth has slowed in most Western countries, a reality well known in the economic literature, and the … the role of productivity distribution and allocative efficiency. We rely on data from the Competitiveness Research Network … both productivity dispersion and allocative efficiency, measured with the Olley and Pakes (1996) methodology, are …

channels. First, trade raises productivity levels because producers gain access to new imported varieties. Second, increases in … that aggregates these micro gains to obtain an estimate of trade on productivity growth for each country. We find that in … the typical country in the world, new imported varieties account for 15 percent of its productivity growth. These effects …

; increase infrastructure investment to create a “seamless Asia”; enhance productivity in the services sector; establish a region …