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We consider two channels via which foreign inputs into industrial production may lead to productivity effects. The first one concerns dynamic externalities between firms which share technical and organizational knowledge which is vital for the productivity growth of a particular industry. We...
Persistent link: https://www.econbiz.de/10005818876
This paper develops a model for analyzing the costs and benefits of intellectual property enforcement in LDCs. The North is more productive than the South and is the only source of innovator. There are two types of goods, and each bloc has a comparative advantage in producing a specific type of...
Persistent link: https://www.econbiz.de/10005097461
In the last decades, foreign direct investment (FDI) has increased strongly among industrialised countries. U.S. companies were the first to set up foreign affiliates followed later by companies from smaller industrialised countries. This paper develops a general equilibrium model of...
Persistent link: https://www.econbiz.de/10009276140
In this paper, we present a standard quality ladders endogenous growth model with one significant new assumption, that it takes time for firms to learn how to export. We show that this model without Melitz-type assumptions can account for all the evidence that the Melitz (2003) model was...
Persistent link: https://www.econbiz.de/10010886938
is welfare improving for the foreign country, but welfare declining for the domestic country. If only multinational firms … are competitive, the impact on market structure and the welfare of the domestic country is indeterminate, whereas the … welfare of the foreign country improves. By contrast, if the oligopolistic industry is located in both countries' then FDI …
Persistent link: https://www.econbiz.de/10005700568
produetdifferentiation with network effects. Within this framework, Strategie trade policy can improve the welfare in the producing countries …
Persistent link: https://www.econbiz.de/10009276298
Trade, foreign direct investment and the existence of multinational enterprises are often analyzed in separate model, which are frequently based on mutually exclusive assumptions. The paper integrates several features of international economic exchange into one general equilibrium model. This...
Persistent link: https://www.econbiz.de/10009277662
capital flows as well as national and global welfare. In order to facilitate the analysis of the integration process, three …
Persistent link: https://www.econbiz.de/10005700574
This paper uses micro-data from the World Bank Investment Climate Surveys 2002-2006 to investigate how foreign ownership and access to external finance affect the likelihood of manufacturers in emerging markets to export and/or import. Applying propensity score matching to control for...
Persistent link: https://www.econbiz.de/10010886876
among suppliers thereby leading to a decline in the level of backward linkages and local welfare. With its emphasis on the …
Persistent link: https://www.econbiz.de/10010886981