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Grossman, Gene M. - 1989

We construct a model of the product cycle featuring endogenous innovation and endogenous technology transfer. Competitive entrepreneurs in the North expend resources to bring out new products whenever expected present discounted value of future oligopoly profits exceeds current product...

Persistent link: https://www.econbiz.de/10012476141

Innovation, Growth, and Dynamic Gains from Trade

Hsu, Wen-Tai - 2019

How large are the welfare gains from trade? Would such gains be significantly amplified in the long run when productivity is endogenously enhanced? To address these questions, we focus on the dynamic effect of trade, in particular, how trade affects the incentives for technological advancement....

Persistent link: https://www.econbiz.de/10012480413

Intellectual Property Rights and North-South Trade

Chin, Judith C. - 1988

We study the incentive that a government in the South has to protect the intellectual property rights of Northern firms, and the consequences of the decision taken by the South for welfare in the North and for efficiency of the world equilibrium. We conduct our analysis in the context of a...

Persistent link: https://www.econbiz.de/10012476291

US Trade and Wages : The Misleading Implications of Conventional Trade Theory

Edwards, Lawrence - 2010

Conventional trade theory, which combines the Heckscher-Ohlin theory and the Stolper-Samuelson theorem, implies that … expanded trade between developed and developing countries will increase wage inequality in the developed countries. This theory … conventional theory to the assumption of incomplete specialization and find evidence that is not consistent with it. Since 1987 …

Persistent link: https://www.econbiz.de/10012462550

Starting Small in an Unfamiliar Environment

Rauch, James E. - 1999

Motivated by a characteristic way in which firms in developed countries make their decisions regarding cooperation with potential partners from less developed countries, we design a simple model of a DC firm's search for an LDC partner/supplier and the subsequent relationship between the two...

Persistent link: https://www.econbiz.de/10012471748

Terms of Trade Shocks and Fiscal Cycles

Kaminsky, Graciela L. - 2010

The latest boom in commodity prices fueled concerns about fiscal policies in commodity-exporting countries, with many claiming that it triggered loose fiscal policy and left no funds for a rainy day. This paper examines the links between fiscal policy and terms-of-trade fluctuations using a...

Persistent link: https://www.econbiz.de/10012462872

Do International Labor Standards Contribute to the Persistence of the Child Labor Problem?

Doepke, Matthias - 2009

In recent years, a number of governments and consumer groups in rich countries have tried to discourage the use of child labor in poor countries through measures such as product boycotts and the imposition of international labor standards. The purported objective of such measures is to reduce...

Persistent link: https://www.econbiz.de/10012463587

Intellectual Property Rights, Imitation, and Foreign Direct Investment : Theory and Evidence

Branstetter, Lee - 2007

This paper theoretically and empirically analyzes the effect of strengthening intellectual property rights in developing countries on the level and composition of industrial development. We develop a North-South product cycle model in which Northern innovation, Southern imitation, and FDI are...

Persistent link: https://www.econbiz.de/10012465621

Y2K and Offshoring : The Role of External Economies and Firm Heterogeneity

Mitra, Devashish - 2005

We construct a model of offshoring with externalities and firm heterogeneity. Due to the presence of externalities, temporary shocks like the Y2K problem can have permanent effects, i.e., they can permanently raise the extent of offshoring in an industry. Also, the initial advantage of a country...

Persistent link: https://www.econbiz.de/10012466954

Inappropriate Pooling of Wealthy and Poor Countries in Empirical FDI Studies

Blonigen, Bruce A. - 2004

This paper examines the question of whether less-developed countries' (LDCs') experiences with foreign direct investment (FDI) systematically different from those of developed countries (DCs). We do this by examining three types of empirical FDI studies that typically do not distinguish between...

Persistent link: https://www.econbiz.de/10012468315

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