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Recent theoretical research shows that exporters are more productive than nonexporters. We show that this result holds almost trivially for the case of constant marginal cost of production, as mainly assumed in the literature, but it may not hold true if the marginal cost is not constant. Our...
Persistent link: https://www.econbiz.de/10011432543
This paper investigates cross-country productivity convergence at a sectoral level using multivariate unit-root tests …
Persistent link: https://www.econbiz.de/10009781595
We investigate theoretically and empirically the role of wholesalers in mediating the productivity effects of trade … liberalization. Intermediaries provide indirect access to foreign produced inputs. The productivity effects of input tariff cuts on … firms experience productivity gains from reducing input tariffs if trade intermediation of foreign inputs within their …
Persistent link: https://www.econbiz.de/10012138753
robots, and a productivity-enhancing reallocation of labor across firms, away from non-adopters, and toward adopters. …
Persistent link: https://www.econbiz.de/10011997063
How can a country improve the productivity growth in its business sector and reach its growth potential? Sweden during …
Persistent link: https://www.econbiz.de/10012002862
This paper presents a new explanation for the sustained pattern of international net capital flows by modifying the standard consumption capital asset pricing model (CCAPM) to create net capital flows beyond the initial period. In addition to the well established link between asset returns and...
Persistent link: https://www.econbiz.de/10012119780
The aggregate labor share in U.S. manufacturing declined dramatically over the last three decades: Since the mid-1980's, the compensation for labor declined from 67% to 47% of value added which is unseen in any other sector of the U.S. economy. The labor share of the typical U.S. manufacturing...
Persistent link: https://www.econbiz.de/10011646840
's foreign intelligence service to sector-specific gaps in total factor productivity (TFP) between West and East Germany. Based …
Persistent link: https://www.econbiz.de/10011665623
productivity, but this effect was stronger in the areas in which railways were already built. Moreover, railways helped industrial …
Persistent link: https://www.econbiz.de/10011295798
may then force managers to improve the productivity of the firm in order to ensure survival. While this hypothesis has … competition shocks. We find that import competition leads to productivity increases in family-managed firms that are initially … unproductive. Productivity improvements are driven by family management as opposed to family ownership or non-managing family …
Persistent link: https://www.econbiz.de/10012156535