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decreasing productivity differences, while limited mobility to sustaining higher differences. The effect of co-worker networks …
Persistent link: https://www.econbiz.de/10012623746
This paper investigates how external sector-level financial shocks are transmitted to a small open economy through international production networks. Using a multi-sector two-country model with asymmetric country size, I show analytically that a financial shock to the large country's production...
Persistent link: https://www.econbiz.de/10013236216
productivity gains. Contrary to previous work that neglects dependencies between suppliers in global value chains, we explicitly … account for input linkages that impact both channels of productivity improvement. Using sector-level data from the World Input …-Output Database, we show that market share reallocation has a markedly larger effect on productivity change than innovation. …
Persistent link: https://www.econbiz.de/10013269723
the aggregate total factor productivity rate of growth (Solow residual). Our approach relies on the interaction between …
Persistent link: https://www.econbiz.de/10013034495
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empirical tests, motivated by a simple theory, demonstrate that low-liquidity firms amplified its transmission …
Persistent link: https://www.econbiz.de/10013315210
Persistent link: https://www.econbiz.de/10011661845
empirical tests, motivated by a simple theory, demonstrate that low-liquidity firms amplified its transmission. …
Persistent link: https://www.econbiz.de/10012294883