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We study welfare gains from trade in a dynamic, multicountry model with capital accumulation. We compute the exact transition paths for 93 countries following a permanent, uniform, unanticipated trade liberalization. We find that while the dynamic gains are different across countries,...
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The paper investigates the relationship between sectoral capital-labor ratios and total factor productivity (TFP) in …
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correlated with changes in total factor productivity. We also analyze a sample of first-time atentees, and find significant … total factor productivity is slightly weaker. Together, these results suggest that patenting is indeed associated with real … findings are robust to alternative measures of size, scope and productivity, and to various sample selection criteria …
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. Results indicate that the convergence process has been especially intense for labor productivity, total factor productivity …
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