Showing 1 - 10 of 56
services at the firm level. We use these data to study export market participation and the choice of export mode: cross …-border versus foreign affiliate sales. We find that for firms in our sample productivity is both a statistically significant and …
Persistent link: https://www.econbiz.de/10010547900
Foreign direct investment (FDI) in services has grown significantly in recent years. Evidence of spatial relationships …. This paper investigates spatial interactions for services FDI using several distance measures, including physical distance … activity remain valid for services. We also find spatial interdependence for services FDI that is generally supportive of …
Persistent link: https://www.econbiz.de/10009325809
OECD countries vis-à-vis 69 exporters. Competition in services affects the volume of goods trade while the market structure … competition apparently matters most for exporters in smaller, poorer countries. By ignoring the structure of the domestic services …
Persistent link: https://www.econbiz.de/10005181406
international sourcing of materials depends on a firm’s productivity and the availability of local services. These predictions are …We use unique plant-level data to study the link between the local availability of services and the decision of … materials to sales. In addition, we find evidence that services grease the wheels of international commerce: A greater …
Persistent link: https://www.econbiz.de/10008583654
to the detriment of small open economies. The paper develops a flexible method that provides essential input regarding … the design of offsetting measures. It builds on input-output analysis and standard input-output data to provide proxies …
Persistent link: https://www.econbiz.de/10008799741
We examine to what extent banks’ stock market values during the 2007-2012 financial crisis were driven by increases in the default risk of banks designated as globally systemically important by the Financial Stability Board. We find that bank market values hardly respond to changes in the...
Persistent link: https://www.econbiz.de/10010877758
This paper shows that the inefficiency of fiscal decentralization in the presence of spillovers, a main tenet of the …) generate the social optimum despite the presence of spillovers. This conclusion is closely tied to the famous self …
Persistent link: https://www.econbiz.de/10010877977
driven by informational spillovers: uncertainty about the outcome of reform is reduced by learning from the experience of … confirm the presence of informational spillovers with respect to political liberalization but offer little support for … informational spillovers with respect to economic reforms. …
Persistent link: https://www.econbiz.de/10009651184
-national governments. We look at a model where districts of different size provide local public goods with positive spillovers. Matching …
Persistent link: https://www.econbiz.de/10005766138
This paper presents a dynamic model of a competitive R&D and production duopoly subject to knowledge spillovers. Two … planner prefer the R&D-cooperative strategy over the competitive one regardless of the intensity of knowledge spillovers …
Persistent link: https://www.econbiz.de/10005094393