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structure on firm conduct and productivity in a rapidly innovating industry. Both industries were competitive in the 1880s, and … formation of the Tobacco Trust in 1890, U.S. productivity growth slowed and the UK assumed the productivity lead. Productivity …-trust action in 1911. This case provides examples of competition leading to more rapid productivity growth through both more rapid …
Persistent link: https://www.econbiz.de/10014129962
technology imported from non-leaders increases exports by about 28 percent. -- Technology Choice ; Exporting ; Productivity … performance. The magnitude of the effect is large: a one percent increase in spending on technology increases exports by 30 … spending on technology imported from leaders increases exports by 176 percent, whereas a one percent increase in spending on …
Persistent link: https://www.econbiz.de/10003956230
Persistent link: https://www.econbiz.de/10011577192
We build a model of firm entry and exit and show how returns to scale shape firm survival, the equilibrium productivity … and size distributions and firm concentration. High productivity dispersion and high concentration ratios need not reflect … productivity dispersion across establishments. Indeed, industries with lower returns to scale are characterized by higher …
Persistent link: https://www.econbiz.de/10012970040
Media pundits and some politicians would have us believe that industrial production has been declining in the United States. Some would even say that “we don't make things anymore.” However, the statistics show a different picture. This paper examines the trade statistics for the United...
Persistent link: https://www.econbiz.de/10012963810
regions led by the US will have to increase net exports in real terms in order to restore living standards and employment … net exports to the world and to developing Asia. We find that much of the apparent shift in export product shares was a …
Persistent link: https://www.econbiz.de/10013126834
The analysis presented in this study focuses primarily on the LCA manufacturing industries in the United States and Western Europe. It also includes some discussion of Russia’s LCA industry, which is beginning to produce aircraft for export. Although Japan is not a producer of LCA, it is...
Persistent link: https://www.econbiz.de/10014204855
Trade and growth theories predict a mutual causation of innovation and exports. We test empirically whether innovation … causes exports using a uniquely rich German micro dataset. To overcome the potential endogeneity, we need to identify … variations in innovations that are exogenous to exports. We argue that this instrumental variable strategy yields estimates of …
Persistent link: https://www.econbiz.de/10005342172
Trade and growth theories predict a mutual causation of innovation and exports. We test empirically whether innovation … causes exports using a uniquely rich German micro dataset. Our instrumental-variable strategy identifies variation in …
Persistent link: https://www.econbiz.de/10012760867
Trade and growth theories predict a mutual causation of innovation and exports. We test empirically whether innovation … causes exports using a uniquely rich German micro dataset. Our instrumental-variable strategy identifies variation in …
Persistent link: https://www.econbiz.de/10013319300