, it is possible to identify a variety of channels through which trade affects the evolution of world income and its …

. Total factor productivity in DCs is associated with world R&D input, while that in LDCs with locally patented foreign …

below trend - and total factor productivity (TFP), using a panel of 71 developed and developing countries during the period … severe, and additionally quantifies the welfare cost associated with output collapses. -- Growth ; recessions ; productivity …

We estimate the relationship between productivity and trade for a panel of countries over the period 1980 to 2000 using … instrumental-variables estimation of a productivity equation. We note that some estimates of productivity gains attributed to trade … productivity. The trade instrument is based on a "theoretically motivated' gravity equation. The instruments for institutional …

In this paper, we aim to bring the debate on the global productivity slowdown – which has largely been conducted from a … macroeconomic perspective – to a more micro-level. We show that a particularly striking feature of the productivity slowdown is not … so much a lower productivity growth at the global frontier, but rather rising labour productivity at the global frontier …