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PERCENTILE OF THE PREAND POSTLIBERALIZATION DISTRIBUTION OF FIRMLEVEL PRODUCTIVITY than Links of London cent the export share declines by more than percent while the import penetration increases by per cent. The remaining industries experience deteriorations in their productivity growth performance following trade liberalization. The sharpest decline occurs in woodfurniture. This industry is less exposed to import competition import penetration drops by per cent over the period but more outwardoriented export share increases by more than per cent over the period. Also, this sector experiences Links of London Black Friendship Bracelet dramatic improvement in its total employment of nearly per cent. Impact of Trade Liberalization on Firm Productivity Growth We now proceed with the estimation of equation . The regression is first pooled over the periods and . We use the firmlevel productivity indices retrieved from estimation of the production function that employs the pooled sample of preand postreform periods. A timedummy Dum for the second sub period, i.e. the postliberalization period is included additively and multiplicatively. The results are presented in Table . Given that the productivity growth equation is estimated for two different periods, between which there was a trade liberalization, but also a large devaluation and other significant changes to the Cameroonian economy e.g. the political instability of the early s, Links of London Wide Purple And Pink Friendship Bracelet possible influences on productivity growth are first captured in the empirics that contain Dum alone column . The results show that the coefficient on Dum is negative and insignificant. Second, we regress the firm TABLE . PREAND POSTLIBERALIZATION PRODUCTIVITY ANNUAL GROWTH RATES ACROSS MANUFACTURING INDUSTRIES PER CENT productivity growth rates on oneyear lagged XS, MPR, and ERA. The results reported in column indicate that the coefficient on Dum is now positive and significant at the per cent level. This implies that trade liberalization positively affects firm productivity growth. links of london sale is a significant negative relationship between oneyear lagged ERA and firm productivity growth across the manufacturing sector, indicating that lowering effective protection leads to faster firm productivity growth. The responsiveness seems to be quite large a one percentage point reduction in ERA, increases firm productivity growth by . percentage points. This effect persists even after we control for firm exit column .