have made it possible to trade in some business and computing services that were previously considered non-tradable. This … paper estimates the effects of offshoring on productivity in US manufacturing industries between 1992 and 2000. It finds … that service offshoring has a significant positive effect on productivity in the US, accounting for around 10 percent of …

-level productivity. We also examine whether M&As increase efficiency through reallocation of production to more efficient plants or …Study of the impact of mergers and acquisitions (M&As) on productivity and market power has been complicated by the … difficulty of separating these two effects. We use newly-developed techniques to separately estimate productivity and markups …

sources of the growth of output, labor productivity, and total factor productivity. The results show that resource …

Starting in the early 1990s, countries in southern Europe experienced low productivity growth alongside declining real … productivity losses from capital misallocation over time. We develop a model with size-dependent financial frictions that is … factor productivity as capital inflows are misallocated toward firms that have higher net worth but are not necessarily more …

heterogeneous firms within an industry. Our analysis suggests that high productivity firms are more likely to adopt AC since they …How will a nation's aggregate urban productivity be affected by climate change? The joint distribution of climate … suffer larger productivity losses when it is hot. Given that the most productive firms produce a disproportionate share of …

predicted local trade to predicted frictionless local trade) and the Total Factor Productivity effect of changing incidence. A …

firms. In our model, globalization not only affects the distribution of observed productivities but also productivity at the …We develop a theory of multiproduct firms to analyze the effects of globalization on the distributions of firm size …, scope, and productivity. Our model explains two puzzles. First, it explains the well-known size-discount puzzle: large firms …

This paper documents the increasing importance of software for successful innovation in manufacturing sectors well …

The achievements in agricultural innovation over the past century have been impressive, supporting large increases in … operate as well as concentration in the agricultural biotechnology industry also emerged due to intellectual property rights …

return of 9.7%, followed by 6% to 7% on organizational innovation and a modest 1.4% to 1.8% on R&D in services and …This paper examines whether there are complementarities between investments in ICT, R&D and organizational innovation …, and the effects of different investment profiles on total factor productivity growth on Dutch firm-level data. We estimate …