determined endogenously. We find that there is a short run transitory productivity dynamic introduced when there is imperfect …

knowledge sector is bounded, as productivity increases, the economy moves from a Solovian zone where wages increase with … productivity, to a Marxian zone where they paradoxically decline with productivity. This is because as consumption of a given good … more unevenly distributed than productivity, technical progress always increases inequality. Redistribution from profits to …

diffusion channels and two types (national versus USPTO) of patent filings. Knowledge spillovers to EMEs accruing from (i) the … language, culture or geographical characteristics in knowledge diffusion. Overall, the breadth and depth of knowledge …

is found that patents ought to be weaker, the more intense competition, the higher R&D productivity, and the more … and growth carries over to the Cournot set-up. -- competition ; imitation ; innovation ; Schumpeterian growth ; sector …

firms shows that trade leads to between-firm reallocations and selection: it shifts employment towards firms with the best …

and their consequences on average productivity and welfare in a trade model with heterogeneous firms. We find that the … decisions, having an impact on the average productivity of the economy and, ultimately, on welfare. …

This paper develops a theory of firm selection and growth and embeds it into an international trade framework of … balanced growth. I assume that firm-level growth is the result of idiosyncratic productivity improvements while there is … market. The model is consistent with a set of salient regularities of firm and exporter selection and growth, as well as the …