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How does a major financial network innovation influence firm performance? Despite muchspeculation we have little hard quantitative evidence about the impact of technology diffusionin financial services. In this paper we use the entire adoption history for SWIFT (the Societyfor Worldwide...
Persistent link: https://www.econbiz.de/10010744922
prices and diffusion. We address the question of non-random selection arising from cross-country differences in the timing of … be a substantial problem in cross-country studies on technology diffusion and yield biased estimates of the policy … variables of interest. Our estimation results suggest that standardization accelerates 2G entry and diffusion, although within …
Persistent link: https://www.econbiz.de/10010746333
more profitable, also speed up diffusion. The effects are robust to using instruments to control for endogeneity of policy … regimes. The results point to an important role for patents and other policy choices in driving the diffusion of new …
Persistent link: https://www.econbiz.de/10011126137
The authors discuss how scholars can bring theories of spatial policy dependence and empirical model specifications closer in line so that the empirical analysis actually tests the theoretical predictions. Comprehensive theories of spatial policy dependence typically suggest that the...
Persistent link: https://www.econbiz.de/10011071085
Previous studies of globalization’s effects on women’s rights have mostly focused on employment and wage ratios, but even if women’s earnings improve, they might suffer greater exploitation at work and at home. Further, these studies use general measures of a country’s openness to trade...
Persistent link: https://www.econbiz.de/10011071366