This paper uses an oligopoly model with heterogeneous firms to examine how an industry adjusts to rising import … face a fall in output, mark-ups and profits, and the average productivity of survivors increases. These pro …-competitive effects of import penetration on the domestic industry disappear in the long run. The predictions for the short run are …

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

death ; firm heterogeneity ; business conditions and firm productivity ; trade integration …

improve the business conditions in one country have negative productivity and welfare effects on the trading partner. Second …

Although market concentration is one of the main impediments to productivity growth globally, data constraints have … the effects of local industry concentration on productivity. The main results show that a decline by 10 points in the … factor productivity of revenue. Local industry concentration also has heterogeneous effects on productivity across industries …

understand the link between institutions and an economy's productivity distribution. -- intra-industry trade ; heterogeneous …