Showing 1 - 9 of 9
Persistent link: https://www.econbiz.de/10005747050
distinguish between productivity gains arising from lower tariffs on final goods relative to those on intermediate inputs. Lower … output tariffs can produce productivity gains by inducing tougher import competition whereas cheaper imported inputs can … tariffs. A 10 percentage point fall in output tariffs increases productivity by about 1%, whereas an equivalent fall in input …
Persistent link: https://www.econbiz.de/10005791433
We investigate theoretically and empirically the competitive effects of increased trade on prices, productivity and … and significant impact on sectoral prices. Increased openness lowers prices by both reducing markups and raising … productivity rises in a manner that increases over time. Our estimates suggest that EU manufacturing prices fell by 2 …
Persistent link: https://www.econbiz.de/10005667140
Persistent link: https://www.econbiz.de/10005583017
empirical researchers. When products differ according to production technique or the way in which they enter demand, this data … policy shocks such as deregulation. More generally, we demonstrate that product switching gives rise to a richer set of …
Persistent link: https://www.econbiz.de/10005504461
Persistent link: https://www.econbiz.de/10005146965
Do firms have the right incentives to innovate in the presence of productivity spillovers? This paper proposes an explicit model of spillovers through labor flows in a framework with search frictions. Firms can choose to innovate or to imitate by hiring a worker from a firm that has already...
Persistent link: https://www.econbiz.de/10011171780
Economic development implies that the efficiency of firms in developing countries is approaching that of firms in … privatization, competition and foreign investment. We also test hypotheses positing that only firms near the efficiency frontier … find that privatization to domestic owners did not markedly improve the efficiency of firms; domestic firms are not …
Persistent link: https://www.econbiz.de/10005792168
We propose a theory of low-frequency movements in unemployment based on asymmetric real wage rigidities. The theory generates two main predictions: long-run unemployment increases with (i) a fall in long-run productivity growth and (ii) a rise in the variance of productivity growth. Evidence...
Persistent link: https://www.econbiz.de/10008642883