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The results of this paper challenge the conventional wisdom in the literature that productivity plays no role in the … productivity growth is twice as large as the conventional total factor productivity (TFP) measures. Using a standard growth … productivity growth, Hsieh (1999) challenged Young's findings using the dual approach. But all of these papers maintained the …
Persistent link: https://www.econbiz.de/10012559617
trade-induced productivity gains (in this respect, however, India is an exception. 2) These gains mainly stem from intra …-industry reallocation of resources among firms with different productivity levels. 3) The gains are larger in import-competing sectors. 4 …
Persistent link: https://www.econbiz.de/10012573324
Since the early 1990s numerous countries have adopted or strengthened competition legislation. Kee and Hoekman investigate the impact of competition law on industry markups over time and across a large number of countries. They find both domestic and foreign competition to be major sources of...
Persistent link: https://www.econbiz.de/10012573292
Actual, and potential competition is a powerful source of discipline on the pricing behavior of firms with market power. The authors develop a simple model that shows that the effects of new entry, and import competition on industry price-cost markups, depend on country size. The authors...
Persistent link: https://www.econbiz.de/10012573036
This paper examines the possibility of environmental "development traps," or "brown poverty traps," caused by interactions between the impacts of climate change and increasing returns in the development of "clean-technology" sectors. A simple specification is used in which the economy can...
Persistent link: https://www.econbiz.de/10012572530
than economies of scale. Productivity growth was driven not by farm expansion but by exit of unproductive and entry of more … significantly reduce subsequent exit, suggesting that land concentration reduces productivity growth. The paper draws implications …
Persistent link: https://www.econbiz.de/10012560148
In public-private partnership transactions in the water sector, one of the alleged concerns is that there is little market competition at the auction stage. This paper casts light on a tradeoff between the competition effect at the auction level and potential economies of scale in service...
Persistent link: https://www.econbiz.de/10012552250
Has the revival of the Association of Southeast Asian Nations (ASEAN) in the early 1990s affected the industrial growth of Indonesia, Malaysia, and the Philippines? The author uses two mechanisms to capture this potential impact: scale effects, and intermediate imports variety. She performs the...
Persistent link: https://www.econbiz.de/10012573070
This paper uses Synthetic Control Methodology to estimate the output loss in Tunisia as a result of the "Arab Spring." The results suggest that the loss was 5.5 percent, 5.1 percent, and 6.4 percent of GDP in 2011, 2012, and 2013 respectively. These findings are robust to a series of tests,...
Persistent link: https://www.econbiz.de/10012570768
Program evaluations often focus on average treatment effects. However, average treatment effects miss important aspects of policy evaluation, such as the impact on inequality and whether treatment harms some individuals. A growing literature develops methods to evaluate such issues by examining...
Persistent link: https://www.econbiz.de/10012569919