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来源类型Working Paper
规范类型工作论文
来源IDWorking Paper18-10
Living with Lower Productivity Growth: Impact on Exports
Filippo di Mauro (National University of Singapore; CompNet); Bernardo Mottironi (London School of Economics); Gianmarco Ottaviano (Bocconi University); Alessandro Zona-Mattioli (European Central Bank)
发表日期2018-09-10
出版年2018
语种英语
摘要

Productivity growth has slowed in most Western countries, and the slowdown is likely to persist for some time. This paper investigates the impact of this phenomenon on export performance, with a particular focus on its heterogeneity across countries. To explain such heterogeneity, the authors pay particular attention to the role of productivity distribution and allocative efficiency. They rely on data from the Competitiveness Research Network (CompNet), a unique micro-aggregated database that provides a rich set of information on the variables’ distribution at the granular level, together with micro-founded indicators such as the level of allocative efficiency. They argue that increases in both productivity dispersion and allocative efficiency, measured with the methodology of G. Steven Olley and Ariel Pakes, are associated with higher export competitiveness for the set of countries in this analysis. They evaluate four separate scenarios according to different levels of productivity growth and different degrees of allocative efficiency and conclude that, while a reduction in productivity growth is always associated with a decrease in export competitiveness, for those countries placed in the top 10 percent of the distribution of the Olley and Pakes gap, this negative effect can be offset for as long as eight years.

主题Growth ; Productivity ; Competition
URLhttps://www.piie.com/publications/working-papers/living-lower-productivity-growth-impact-exports
来源智库Peterson Institute for International Economics (United States)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/454172
推荐引用方式
GB/T 7714
Filippo di Mauro (National University of Singapore,CompNet),Bernardo Mottironi ,et al. Living with Lower Productivity Growth: Impact on Exports. 2018.
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