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's productivity growth depends upon its distance from the world's technological leader. One motivating contemporary example includes …
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While there is general agreement that technology differences must figure prominently in any successful account of the cross-country income variation, not much is known on the source of these technology differences. This paper examines cross-country income differences in terms of factor...
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We develop a framework in which the host country productivity has a positive effect on the intensive margin (the size …-country productivity has a negative effect on the extensive margin. An increase in the host-country corporate tax rate reduces the actual …
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