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export credible threats. If greenfield FDI is viable, entering firm prefers acquiring the low-productivity firm, when the …The purpose of this paper is to formalize the choices of market entry strategy (Export Vs Greenfield investment Vs Cross … border M&A) and the target selection (Acquisition of high-productivity firm or low-productivity one) for a foreign firm, and to …
Persistent link: https://www.econbiz.de/10010899386
Multinational and exporting firms play a key role in trade patterns. To highlight the importance of intra-firm trade in share of world trade, this paper develops a model of trade and intra-firm trade with heterogeneous firms. In this set up, trade costs apply to both exports and multinational...
Persistent link: https://www.econbiz.de/10010899726
This article uses the European Patent Office Worldwide Patent Statistical Database to examine the geographic distribution and global diffusion of inventions in thirteen climate-mitigation technologies since 1978. The data suggest that until 1990 innovation was driven mostly by energy prices....
Persistent link: https://www.econbiz.de/10008792117
This paper aims at reexamining the construction of indicators of standards of living, by focussing on the challenges raised by the subjectivity and the multidimensionality of living conditions. For that purpose, we propose to apply Choquet integral-based multiattribute value theory to the...
Persistent link: https://www.econbiz.de/10010930201
Während sich Moskau im Herbst 1993 unter und Ober der Erde in einen Straßenmarkt verwandelt hatte, waren die Strategien und Perspektiven der russischen Betriebe von der Zerschlagung von Staatsmonopolen, Privatisierungen und Joint Ventures geprägt. Mit welchen Vorstellungen die Beschäftigten...
Persistent link: https://www.econbiz.de/10008789058
threshold of productivity. We examine mobility in two dimensions: from firm to firm (inter-firm) and from one technical field to …. In particular we show that: (1) as predicted by evolutionary theory, inventor productivity is a positive determinant of … invention value, (2) inter-firm mobility is a consistently positive determinant of productivity and (3) technological mobility …
Persistent link: https://www.econbiz.de/10009401092
IC matters for firm productivity through the quality of infrastructure, the experience and education of the labor force …
Persistent link: https://www.econbiz.de/10009278333
IC matters for firm productivity through the quality of infrastructure, the experience and education of the labor force …
Persistent link: https://www.econbiz.de/10009278338
Short-term increasing returns to production factors are usually found in empirical studies. We argue they can be due to omitted variables, particularly the intensity of factor utilisation. Thanks to original French firm-level data (1992-2008), we show how increasing returns to scale disappear...
Persistent link: https://www.econbiz.de/10010605337
of both wages and productivity are endogenous. We estimate this model using French data. Numerical simulations show that … wage when they are spread over a large range of wages in order to avoid specialization in low productivity jobs. …
Persistent link: https://www.econbiz.de/10010750885