Tagged: Productivity

New publications from OECD, late July 2018

New OECD publications have been uploaded to the OECD iLibrary, a comprehensive digital repository of books, papers, and statistics from the Organisation for Economic Cooperation and Development (OECD). Titles recently added include:

These volumes and more are accessible from the OECD iLibrary by WTO staff and WTO Library patrons.

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New statistical publications from OECD, mid July 2018

New OECD publications have been uploaded to the OECD iLibrary, a comprehensive digital repository of books, papers, and statistics from the Organisation for Economic Cooperation and Development (OECD). Titles recently added include:

These volumes and more are accessible from the OECD iLibrary by WTO staff and WTO Library patrons.

New publications from OECD, late May 2017

New OECD publications have been uploaded to the OECD iLibrary, a comprehensive digital repository of books, papers, and statistics from the Organisation for Economic Cooperation and Development (OECD). Titles recently added include:

These volumes and more are accessible from the OECD iLibrary by WTO staff and WTO Library patrons.

New publications from OECD, mid December 2015

New OECD publications have been uploaded to the OECD iLibrary, a comprehensive digital repository of books, papers, and statistics from the Organisation for Economic Cooperation and Development (OECD). Titles recently added include:

These volumes and more are accessible from the OECD iLibrary by WTO staff and WTO Library patrons.

Trade liberalisation and innovation under sector heterogeneity

Mark-ups and the degree of trade openness vary substantially across sectors. This paper builds a multi-sector endogenous growth model to study the influence of trade liberalisation on innovation and, by extension, on sector and aggregate productivity growth under sectoral heterogeneity.

Full-text available in .pdf

Trade, import competition and productivity growth in the food industry

Melitz and Ottaviano’s (2008) firm-heterogeneity model predicts that trade liberalization induces a selection process from low to high productivity firms, which translates to an industry productivity growth. A similar firms’ selection effect is induced by market size. In this paper, these predictions are tested across 25 European countries and 9 food industries, over the 1995–2008 period. Using different dynamic panel estimators we find strong support for the model predictions, namely that an increase in import penetration is systematically positively related to productivity growth. The results are robust to measurement issues in productivity, controlling for market size, country and sector heterogeneities, and for the endogeneity of import competition. Interestingly, this positive relationship is almost exclusively driven by competition in final products coming from developed (especially EU-15) countries suggesting that EU food imports are closer substitutes for domestic production than non-EU imports. These results have some potentially interesting policy implications.

Full-text available in .pdf

Food security policy options for China

As China becomes more industrial and urbanized, it is likely to become more dependent over time on imports of (especially land-intensive) farm products, most notably livestock feedstuffs. If farmers are slow to adjust to their declining competitiveness, for example by obtaining off-farm employment, the farm–nonfarm household income gap may increase. A decline in food self-sufficiency may be perceived as undermining national food security, and a persistent farm–nonfarm income gap as contributing to social unrest. In these circumstances, what offsetting or compensating policy options should the government consider for ensuring adequate long-term food security and less income inequality? This paper evaluates China’s historical record since 1980 and then projects China’s economy to 2030, using the GTAP global economy-wide model. It draws on past policy experiences of both China and other economies to evaluate prospective interventions by government to address food security and income inequality concerns. The potential effects of some of those are estimated for 2030, again using the GTAP model. The paper concludes by suggesting alternative ways to achieve the fundamental objectives of national food security and less rural–urban income inequality, namely via generic social safety nets and improved rural infrastructure.

Full-text available in .pdf