Based on Grossman and Esteban's (2008) task service model, this paper derives a mathematical model of how productive service trade competitiveness affects manufacturing firms’ production costs, and a theoretical model of how productive service…
While technological innovation and financial development are broadly credited as important drivers of economic growth of developed nations, their impact on inequality (especially in emerging economies) remains understudied. Thus, the objective of…
BACKGROUND: Exporting poses a challenge to the achievement of inclusive growth because there is a discernible wage inequality between exporting and non-exporting firms. The literature shows that exporting firms pay a wage premium relative to non-…