Productivity growth from an international trade perspective

Lewrick, Ulf and Mohler, Lukas and Weder, Rolf. (2017) Productivity growth from an international trade perspective. Review of International Economics, 26 (2). pp. 1-18.

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Official URL: http://edoc.unibas.ch/58819/

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This paper presents a framework to assess the relative importance of three key sources of productivity growth that international trade research focuses on: (1) inter-industry specialization; (2) intra-industry reallocation of resources across heterogeneous firms; and (3) technological progress. We illustrate how to apply the framework by deciphering the productivity dynamics of the Swiss manufacturing industry. We find that intra-industry reallocations are the most important source of growth in aggregate total factor productivity, spurred by the productivity growth of large, incumbent firms and the entry of new firms. Inter-industry specialization and general technological progress, nevertheless, remain important supplementary sources of productivity growth.
Faculties and Departments:06 Faculty of Business and Economics > Departement Wirtschaftswissenschaften > Professuren Wirtschaftswissenschaften > Aussenwirtschaft und Europ. Integration (Weder)
UniBasel Contributors:Weder, Rolf
Item Type:Article, refereed
Article Subtype:Research Article
Publisher:Wiley Online Library
Note:Publication type according to Uni Basel Research Database: Journal article
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Last Modified:14 Jun 2018 12:20
Deposited On:14 Jun 2018 12:19

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