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manufacturing goods produced by a resource-poor economy. Productivity growth in both countries is driven by endogenous innovations …
Persistent link: https://www.econbiz.de/10008746491
constant despite structural gaps in productivity growth rates. This stylized fact is analyzed in a two-country model where … resource- poor (Home) and resource-rich (Foreign) economies display productivity differences but stable income shares due to … rent-transfer mechanism. In Foreign, subsidies (taxes) on domestic oil use improve welfare if R&D productivity is lower …
Persistent link: https://www.econbiz.de/10008748355
This paper considers how increasing longevity and declining birth rates affect market entry and endogenous productivity … generates productivity growth, and with imperfect knowledge diffusion the country with the larger labor force has a greater … share of firms with higher productivity levels. In this framework, population aging reduces a country’s labor supply, share …
Persistent link: https://www.econbiz.de/10013241753
This paper constructs a two-country model to investigate how tariff policy influences productivity growth through … productivity of investment in innovation. We show that the relationship between tariff policy and economic growth depends on the …
Persistent link: https://www.econbiz.de/10015066879
This paper considers how increasing longevity and declining birth rates affect market entry and endogenous productivity … generates productivity growth, and with imperfect knowledge diffusion the country with the larger labor force has a greater … share of firms with higher productivity levels. In this framework, population aging reduces a country’s labor supply, share …
Persistent link: https://www.econbiz.de/10012404477
-country model of international trade and endogenous productivity growth. Knowledge spillovers link firm-level productivity in …
Persistent link: https://www.econbiz.de/10012793522
empirically-consistent model of endogenous growth, we obtain explicit links between persistent gaps in productivity growth and the … subsidize hinges on slower productivity growth and is disconnected from the typical incentive of importers to tax resource …
Persistent link: https://www.econbiz.de/10010221090
We estimate the relationship between productivity and trade for a panel of countries over the period 1980 to 2000 using … instrumental-variables estimation of a productivity equation. We note that some estimates of productivity gains attributed to trade … productivity. The trade instrument is based on a "theoretically motivated' gravity equation. The instruments for institutional …
Persistent link: https://www.econbiz.de/10014224732