Starr, Evan; Balasubramanian, Natarajan; Sakakibara, Mariko - Census Bureau, Department of Commerce - 2014
. Using a difference-in-difference-in-difference specification with law firms and firms that are not withinindustry spinouts … as the baseline, we find states with stricter CNC enforcement have fewer, but larger within-industry spinouts that are … consistent with CNC enforcement having a selection effect on within-industry spinouts. Particularly, with stricter enforcement …