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assume higher fixed costs under outsourcing and a firm-specific production function. We use detailed French firm-level data …
Persistent link: https://www.econbiz.de/10005151002
Sunk costs for R&D are an important determinant of the level of innovation in the economy. In this paper I recover them using a Markov equilibrium framework. The contribution is twofold. First, a model of industry dynamics which accounts for selection into R&D, capital accumulation and...
Persistent link: https://www.econbiz.de/10008476315
How much does US-based R&D benefit other countries and through what mechanisms? We test the "technologysourcing" hypothesis that foreign research labs located on US soil tap into US R&D spillovers and improvehome country productivity. Using panels of UK and US firms matched to patent data we...
Persistent link: https://www.econbiz.de/10005797205
The impact of R&D on growth through spillovers has been a major topic of economic research over the last thirty years. A central problem in the literature is that firm performance is affected by two countervailing "spillovers": a positive effect from technology (knowledge) spillovers and...
Persistent link: https://www.econbiz.de/10005670643
A simple model of offshoring is used to integrate the complex gallery of results that exist in the theoretical … offshoring/fragmentation literature. The paper depicts offshoring as 'shadow migration' and shows that this allows … conditions are provided). We show that offshoring requires modification of the four HO theorems, so econometricians who ignore …
Persistent link: https://www.econbiz.de/10005797180
How do offshoring and immigration affect the employment of native workers? What kinds of jobs suffer, or benefit, most … looked at the effects of offshoring and immigration separately, we argue that one can gain useful insights by jointly …. Third, we use the model to draw systematic predictions about the effects of immigration and offshoring on native workers and …
Persistent link: https://www.econbiz.de/10010550423
This paper examines the factors that give rise to intermediaries in exporting and explores the implications for trade volumes. Export intermediaries such as wholesalers serve different markets and export different products than manufacturing exporters. In particular, high market-specific fixed...
Persistent link: https://www.econbiz.de/10010535359
For both practitioners and researchers, span of control plays an important role in defining and understanding the role of the CEO. In this paper, we combine organizational chart information for a sample of 65 companies with detailed data on how their CEOs allocate their work time, which we...
Persistent link: https://www.econbiz.de/10010543481
This paper takes a new look at the issue of overseas sourcing of services. In framework in which comparative advantage is endogenous to agglomeration economies and factor mobility, the fragmentation of production made possible by the new communication technologies and low transportation costs...
Persistent link: https://www.econbiz.de/10005670528
outsourcing as firms focus on their core competencies in response to tougher competition. Since firms are the better at performing … tasks the closer they are to their core competencies, this outsourcing increases firm productivity. Moreover, I also … investigate the links between various technological parameters and outsourcing. In particular, I analyze how technological …
Persistent link: https://www.econbiz.de/10005670533