This paper investigates two explanations for why industries might become more productive over time. The first explanation, termed the real productivity case,' is one in which firms become more productive and this leads to more productive industries. The second explanation, termed the...

The story line a recent trade frictions between the U.S. and Japan in the auto market goes as follow. Initially, there was not much trade Japanese cars were made in Japan with mostly Japanese parts and the same was mostly true of North American cars.

This paper has reviewd productivity in the auto industry from three quite different approaches and then suggested and implemented a fouth approach. The appproach used is the only econometruc approach to measuring firm productivity that permits reporting firm-level productivity results, and it...

This paper is about jobs and international trade. It is about researchers can learn fo relationship between the two using firm-level data.

This paper is about the interactions between what is traditionally considered trade policy and a narrow but important aspect of competition policy, namely merger policy. We focus on links between merger policies and trade liberalization. Interpreting merger policy as a choice of degree of...