全球智库信息集成服务系统(G2TT): DP7230 How Do Agricultural Policy Restrictions to Global Trade and Welfare Differ Across Commodities?

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP7230
	DP7230 How Do Agricultural Policy Restrictions to Global Trade and Welfare Differ Across Commodities?
	Kym Anderson; Peter J Lloyd; Johanna L. Croser
发表日期	2009-03-22
出版年	2009
语种	英语
摘要	This paper estimates the effect of the decision to import intermediate goods and capital equipment on Total Factor Productivity (TFP) at the firm level on a panel of Spanish firms covering the period between 1991 and 2002. We use two alternative approaches. In the first, we estimate TFP using the Olley-Pakes semi-parametric method and apply a diff-in-diff estimator with a control group constructed by propensity-score matching. In the second, direct method, we estimate TFP with imported inputs as a state variable in one stage. Both approaches show that the effect of a firm?s decision to source intermediates and capital equipment abroad on its TFP depends critically on its capacity to absorb technology, measured by the proportion of skilled labor. This provides indirect evidence that imported capital equipment may embody new or different technologies that require adaptation at which some firms are better than others. If skilled labor proxies for adaptability, it is how firms adapt their production processes to the foreign inputs that seems to determine whether or not they benefit from them.
主题	International Trade and Regional Economics
关键词	Absorptive capacity Imports Olley-pakes Tfp
URL	https://cepr.org/publications/dp7230
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/536065
推荐引用方式 GB/T 7714	Kym Anderson,Peter J Lloyd,Johanna L. Croser. DP7230 How Do Agricultural Policy Restrictions to Global Trade and Welfare Differ Across Commodities?. 2009.