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Recent theoretical research shows that exporters are more productive than nonexporters. We show that this result holds almost trivially for the case of constant marginal cost of production, as mainly assumed in the literature, but it may not hold true if the marginal cost is not constant. Our...
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fraction of a firm's total costs. Productivity tends to fall, and firms may shift new investment and production to locations …
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Proponents of minimum wage increases have argued that such hikes can serve as an engine of economic growth and assist low-skilled individuals during downturns in the business cycle. However, a review of the literature provides little empirical support for these claims. Minimum wage increases...
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This paper empirically analyzes the productivity, profitability, innovation and network effects of a public policy … policy adversely impacts the productivity, profitability, growth, and innovation performance of the small and micro leather … quantitatively evaluate the productivity, profitability, innovation and network effect of industrial cluster policy in Ethiopia. …
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