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A growing body of empirical work has documented the superior performance characteristics" of exporting plants and firms relative to non-exporters. Employment, shipments and capital intensity are all higher at exporters at any given moment. This paper asks whether good" firms become exporters or...
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- makes the extent of procyclical productivity depend mainly on the extent of labor hoarding. We show that indeed, whether … productivity is measured via the Solow method using labor's share in revenues or using other methods, it tends to be more …
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This paper revisits the important ideas proposed by Atkinson and Stiglitz's seminal 1969 paper on technological change. After linking these ideas to the induced innovation literature of the 1960s and the more recent directed technological change literature, it explains how these three...
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