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, imports of high-technology goods, requiring a high level of knowledge, contribute to increased productivity levels. The … productivity increases to the same degree as imports of high-technology goods. Therefore, the removal of barriers to trade and to …
Persistent link: https://www.econbiz.de/10009787476
, imports of high-technology goods, requiring a high level of knowledge, contribute to increased productivity levels. The … productivity increases to the same degree as imports of high-technology goods. Therefore, the removal of barriers to trade and to …
Persistent link: https://www.econbiz.de/10011128586
We examine the relationship between lax monetary policy, access to high-yield bond markets and productivity in the US … higher risk profile. Since the relationship between credit ratings and firm-level productivity is U-shaped, the aggregate … effect on productivity is a priori unclear. Turning to the real economy, we thus analyse whether this additional access to …
Persistent link: https://www.econbiz.de/10011975741
The study analyses the relationships between capital dynamics, productivity, global value chains and foreign direct … capital for productivity and GVC integration. We examine the extent of underinvestment in ICT in the EU relative to other …
Persistent link: https://www.econbiz.de/10012232879
The paper studies the drivers of productivity at country and sectoral levels over the period 2000-2017 with the focus … intangible digital capital for productivity growth, particularly in the manufacturing sectors. While backward global value chain … participation and EU integration are also found to be instrumental for accelerating productivity growth, the impact of inward …
Persistent link: https://www.econbiz.de/10012209649
The purpose of this paper is to evaluate the role of trade in productivity growth in a sample of 30 sectors in 25 EU … hour worked in these countries appear to be mainly due to positive developments (rising productivity) within single … industries and only to a lower extent result from a shift towards higher productivity activities. Trade is found to be an …
Persistent link: https://www.econbiz.de/10011800366
mutual links between international activities of firms and productivity. It is written with a view to inform policy makers in …
Persistent link: https://www.econbiz.de/10008841664
This paper highlights the crucial role played by international access to intermediate inputs to explain firm-level performance, via two channels simultaneously: trade and FDI. We develop a simple theoretical model showing that trade integration of input market entails an efficiency improvement...
Persistent link: https://www.econbiz.de/10011374044
Using a unique German firm-level data set, we provide empirical evidence for a productivity sorting along two …
Persistent link: https://www.econbiz.de/10009771855
We present a heterogeneous-firm model in which management ability increases both pro- duction efficiency and product quality. Combining six micro-datasets on management prac- tices, production and trade in Chinese and American firms, we find broad support for the model's predictions. First,...
Persistent link: https://www.econbiz.de/10011864551