While the role of exports in promoting growth in general, and productivity in
particular, has been investigated empirically using aggregate data for countries
and industries for a long time, only recently have comprehensive longitudinal
data at the firm level been used to look at the extent and causes of
productivity differentials between exporters and their counterparts which sell
on the domestic... hiện toàn bộ
Is it possible that excessive reliance on natural resources affects saving and
investment in a way that retards economic growth? – and thus, in the long run,
the level of output per capita. This paper reviews the literature, explores the
data and compares and contrasts the explanatory power and interplay of natural
resources and civil liberties, our proxy for institutional variables currently
unde... hiện toàn bộ
Natural resource‐abundant countries constitute both growth losers and growth
winners, and the main difference between the success cases and the cases of
failure lies in the quality of institutions. With grabber‐friendly institutions
more natural resources push aggregate income down, while with producer‐friendly
institutions more natural resources increase income. Such a theory finds strong
support... hiện toàn bộ
This paper uses micro panel data for firms in the Taiwanese electronics industry
in 1986, 1991 and 1996 to investigate a firm's decision to invest in two sources
of knowledge – participation in the export market and investments in R&D and/or
worker training – and assess their effect on the firm's future productivity. The
firm's decisions to export and invest in R&D and/or worker training are model... hiện toàn bộ
AbstractFirm productivity and export decisions are closely related to innovation
activity. Innovation may play a more important role in the decision to start
exporting, and successful exporting may drive process innovation. This suggests
that the causality between innovation and exporting may run in both directions.
Using detailed microdata from innovation surveys, industrial production surveys,
a... hiện toàn bộ
AbstractCombining data on structural characteristics and economic performance
for a large sample of Italian firms with data on exporting and importing
activity, we uncover evidence supporting recent theories on firm heterogeneity
and international trade, together with some new facts. In particular, we find
that importing is associated with substantial firm heterogeneity. First, we
document that tr... hiện toàn bộ