determinants of cross-country differences in the persistence of productivity differentials Specifically, we focus on the effects of … convergence rates. Consistent with theories, the persistence of productivity differentials is found to be positively correlated …, productivity convergence appears to be enhanced by human capital but deterred by government spending. …

countries. In theory, trade openness can affect inflation through changes in market competitiveness and productivity …. Nonetheless, previous empirical studies often fail to account for productivity effects, and their results may overstate the role … controlling for productivity effects. Indeed, when market competition and productivity effects are both accounted for, trade …

within Japan, we find that the measures of sectoral productivity do not behave in the way suggested by the Balassa … power. -- agglomeration effect ; Penn effect ; sectoral productivity differential ; tradables and non-tradables ; population …

value of China's exports to the US responds negatively to real renminbi (RMB) appreciation, while import responds positively …. Further, the combined empirical price effects on exports and imports imply an increase in the real value of the RMB will … larger for ordinary exports than for processing exports. Finally, accounting for endogeneity and measurement error matters …