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Knowledge Diffusion, Supplier's Technological Effort and Technology Transfer via Vertical Relationships

Goh, Ai Ting - C.E.P.R. Discussion Papers - 2003

This Paper studies the effect of knowledge diffusion on the incentives for developed countries’ (DC) firms to undertake costly transfer of production knowledge of an input to their developing countries’ (LDC) suppliers whose costs of production vary inversely with their technological effort....

Persistent link: https://www.econbiz.de/10005136533

Debt Contracts, Collapse and Regulation as Competition Phenomena

Gersbach, Hans; Uhlig, Harald - C.E.P.R. Discussion Papers - 1997

lenders, which may make lending altogether unprofitable. Second, banks can have an incentive to offer a debt contract and … additional equity contracts to intermediate debtors, which is in turn dominated by a simple debt contract, only attractive for … seek to avoid the contract with the highest chance of delivery: that contract attracts all bad entrepreneurs. …

Persistent link: https://www.econbiz.de/10005661861

The cost of contract renegotiation: Evidence from the local public sector

Gagnepain, Philippe; Ivaldi, Marc; Martimort, David - C.E.P.R. Discussion Papers - 2010

The renegotiation of regulatory contracts is known to prevent regulators from achieving the full commitment efficient outcome in dynamic contexts. However, assessing the cost of such renegotiation remains an open issue from an empirical viewpoint. To address this question, we fit a structural...

Persistent link: https://www.econbiz.de/10008684689

Multinationals, Endogenous Growth and Technological Spillovers: Theory and Evidence

Baldwin, Richard; Braconier, Henrik; Forslid, Rikard - C.E.P.R. Discussion Papers - 1999

FDI has received surprisingly little attention in theoretical and empirical work on openness and growth. This paper presents a theoretical growth model where MNCs directly affect the endogenous growth rate via technological spillovers. This is novel since other endogenous growth models with...

Persistent link: https://www.econbiz.de/10005504277

Multinational Corporations and Spillovers

Blomström, Magnus; Kokko, Ari - C.E.P.R. Discussion Papers - 1996

This paper examines spillover effects of the activities of multinational firms (MNCs). Such effects are most likely to be found in host countries, where the operations of foreign multinationals may influence local firms in the MNC’s own industry as well as firms in other industries. There is...

Persistent link: https://www.econbiz.de/10005497921

Foreign Direct Investment, Competitive Pressure and Spillovers. An Empirical Analysis of Spanish Firm Level Data

Sembenelli, Alessandro; Siotis, Georges - C.E.P.R. Discussion Papers - 2005

A short review of the theoretical and empirical evidence indicates that foreign direct investment (FDI) has the potential to increase the intensity of competition as well as to act as a channel for technology transfers. One would expect, all else equal, an increase in average firm performance...

Persistent link: https://www.econbiz.de/10005497928

Market Size, Division of Labor, and Firm Productivity

Chaney, Thomas; Ossa, Ralph - C.E.P.R. Discussion Papers - 2012

We generalize Krugman's (1979) 'new trade' model by allowing for an explicit production chain in which a range of tasks is performed sequentially by a number of specialized teams. We demonstrate that an increase in market size induces a deeper division of labor among these teams which leads to...

Persistent link: https://www.econbiz.de/10011083864

The Gravity of Knowledge

Keller, Wolfgang; Yeaple, Stephen R - C.E.P.R. Discussion Papers - 2009

How large are spatial barriers to transferring knowledge? We analyze the international operations of multinational firms to answer this fundamental question. In our model firms can transfer bits of knowledge to their foreign a¢ liates in either embodied (traded intermediates) or disembodied...

Persistent link: https://www.econbiz.de/10008558594

Does Distance Matter in Spillover?

Balázs, Muraközy; Halpern, László - C.E.P.R. Discussion Papers - 2005

This Paper examines the technology transfer through FDI in Hungary, using a large panel dataset of 24,000 firm-level observations. We distinguish horizontal (intra-industry) and vertical (inter-industry) spillovers. Besides the sign and magnitude of these effects we are interested in the spatial...

Persistent link: https://www.econbiz.de/10005656311

Openness and Industrial Response in a Wal-Mart World: A Case Study of Mexican Soaps, Detergents and Surfactant Producers

Javorcik, Beata; Keller, Wolfgang; Tybout, James R - C.E.P.R. Discussion Papers - 2006

This paper uses a case study approach to explore the effects of NAFTA and GATT membership on innovation and trade in the Mexican soaps, detergents and surfactants (SDS) industry. Several basic findings emerge. First, the most fundamental effect of NAFTA and the GATT on the SDS industry was to...

Persistent link: https://www.econbiz.de/10005661768