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This paper formulates a model of optimal export decision of private firms and then empirically studies the effect of firm size, R&D activities and competitiveness on export performance of Indian private firms during the period 1975-1986. The paper argues that the Cragg model is more appropriate...
Persistent link: https://www.econbiz.de/10005062654
1970 to 1991. I confirm, first, earlier findings that R&D expenditures are positively related to productivity levels, and … find that the benefit derived from foreign R&D in the same industry is in the order of 50-95% of the productivity effect of … effective in raising productivity as own-industry R&D for these industries. …
Persistent link: https://www.econbiz.de/10005555998
country. I first derive a relation of how domestic productivity is related to foreign R&D investments. In the subsequent … productivity differently, in contrast to assuming symmetric effects. Second, the productivity effects resulting from R&D vary … not related to trade. Lastly, I estimate that international trade contributes about 20% to the total productivity effect …
Persistent link: https://www.econbiz.de/10005556505
transmission. A model is presented in which R&D investments towards product innovations trigger total factor productivity growth at … spill over to these industries. The model predicts that total factor productivity levels are positively related to both own …
Persistent link: https://www.econbiz.de/10005118818
The World Trade Organization, which came into existence at the conclusion of the Uruguay Round, is in charge of administering a plethora of new trade rules. The main thrust of the new rules is to reduce or abolish tariffs and quotas on a wide range of products. Some tariffs and quotas were...
Persistent link: https://www.econbiz.de/10005408063
The objective of the paper is to answer an often-asked question : if tariff rates are reduced, what will happen to wage inequality ? We consider two types of wage inequality : between occupations (skills premium), and between industries. We use two large data bases of wage inequality that have...
Persistent link: https://www.econbiz.de/10005408336
The objective of the paper is to answer an often-asked question : if tariff rates are reduced, what will happen to wage inequality ? We consider two types of wage inequality : between occupations (skills premium), and between industries. We use two large data bases of wage inequality that have...
Persistent link: https://www.econbiz.de/10005119296
WTO negotiations rely on tariff reduction formulas. It has been argued that formula approaches are of increasing importance in trade talks, because of the large number of countries involved, the wider dispersion in initial tariffs (e.g. tariff peaks) and gaps between bound and applied tariff...
Persistent link: https://www.econbiz.de/10005062606
This paper analyzes the incentives for governments to impose export subsidies when firms invest in a cost saving technology before market competition. Governments first impose an export subsidy or a tax. After observing export policy, firms invest in cost reducing R&D and subsequently compete in...
Persistent link: https://www.econbiz.de/10005062617
Although the GATT prohibits discriminatory import tariffs, it includes means for circumventing this prohibition. The previous literature uses static models and discriminatory tariffs increase welfare. In a dynamic model, if governments lack the ability to precommit, this is not necessarily true....
Persistent link: https://www.econbiz.de/10005062636