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Internationalization and innovation of firms: evidence and policy

Altomonte, Carlo; Aquilante, Tommaso; Békés, Gábor; … - London School of Economics (LSE) - 2014

interaction among firm-level internationalization, innovation and productivity across seven European countries (Austria, France …-level characteristics across countries and sectors. We also find that the positive correlation between internationalization and innovation … internationalization goes beyond export and because, in the medium-to-long term, internationalization is driven by innovation. We recommend …

Persistent link: https://www.econbiz.de/10011126527

When the claim hits: bilateral investment treaties and bounded rational learning

Poulsen, Lauge N. Skovgaard; Aisbett, Emma - London School of Economics (LSE) - 2013

Using the international investment regime as its point of departure, the paper applies notions of bounded rationality to the study of economic diplomacy. Through a multi-method approach, it shows that developing countries often ignored the risks of bilateral investment treaties (BITs) until they...

Persistent link: https://www.econbiz.de/10010745595

The determinants of intrafirm trade: evidence from French firms

Corcos, Gregory; Irac, Delphine M.; Mion, Giordano; … - London School of Economics (LSE) - 2013

How well does the theory of the firm explain the choice between intrafirm and arms' length trade? This paper uses firm-level import data from France to look into this question. We find support for three key predictions of property-rights theories of the multinational firm. Intrafirm imports are...

Persistent link: https://www.econbiz.de/10011125894

From selling goods to selling services: firm responses to trade liberalization

Breinlich, Holger; Soderbery, Anson; Wright, Greg C. - London School of Economics (LSE) - 2014

In the face of trade liberalization domestic firms are often forced out of the market, whereas others adapt and survive. In this paper we focus on a new channel of adaptation, namely the shift toward increased provision of services in lieu of goods production. We exploit variation in EU trade...

Persistent link: https://www.econbiz.de/10011126040

Selection effects with heterogeneous firms

Mrázová, Monika; Neary, J. Peter - London School of Economics (LSE) - 2012

We provide a general characterization of which firms will select alternative ways of serving a market. If and only if firms' maximum profits are supermodular in production and marketaccess costs, more efficient firms will select into the activity with lower market-access costs. Our result...

Persistent link: https://www.econbiz.de/10011071491

A 'new trade' theory of GATT/WTO negotiations

Ossa, Ralph - London School of Economics (LSE) - 2008

I develop a novel theory of GATT/WTO negotiations. This theory provides new answers to two prominent questions in the trade policy literature: first, what is the purpose of trade negotiations? And second, what is the role played by the fundamental GATT/WTO principles of reciprocity and...

Persistent link: https://www.econbiz.de/10010928621

Gone for good? Subsidies with export share requirements in China: 2002-2013

Defever, Fabrice; Riaño, Alejandro - London School of Economics (LSE) - 2014

observed fall in their share of exporting firms. Expenditure in subsidies (as a share of value-added) falls by 66% and welfare …

Persistent link: https://www.econbiz.de/10011126621

China's pure exporter subsidies

Defever, Fabrice; Riaño, Alejandro - London School of Economics (LSE) - 2012

instrument is worse from a welfare standpoint than a standard export subsidy, partly because it increases protection of the … domestic market. A counterfactual analysis suggests that eliminating these subsidies would result in a welfare gain for China …

Persistent link: https://www.econbiz.de/10011071150

Multi-product firms and trade liberalization

Bernard, Andrew B.; Redding, Stephen; Schott, Peter K. - London School of Economics (LSE) - 2006

This paper develops a general equilibrium model of multi-product firms and analyzes their behavior during trade liberalization. Firm productivity in a given product is modeled as a combination of firm-level “ability” and firmproduct- level “expertise”, both of which are stochastic and...

Persistent link: https://www.econbiz.de/10011071511

Trade liberalization and heterogeneous firm models: an evaluation using the Canada - US Free Trade Agreement

Breinlich, Holger; Cuñat, Alejandro - London School of Economics (LSE) - 2010

We examine the qualitative and quantitative predictions of a heterogeneous firm model à la Melitz (2003) in the context of the Canada - US Free Trade Agreement (CUSFTA) of 1989. We calibrate our model to the pre-trade liberalization stage, simulate the trade liberalization, and compute the...

Persistent link: https://www.econbiz.de/10011071519

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