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-sponsored training leads to higher productivity levels and increased innovation, both of which benefit the firm. Training can also be …
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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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