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host-country research and development effort in response to foreign competition, is one of three examining the impact of …
Persistent link: https://www.econbiz.de/10012478974
This paper examines the role of corporate headquarters in allocating scarce resources to competing projects in an internal capital market. Unlike a bank lender, headquarters has control rights that give it both the authority and the incentive to engage in 'winner-picking' -- the practice of...
Persistent link: https://www.econbiz.de/10012473785
In all modern industrial countries, redistributive expenditures are a larger component of the government budget than consumption of goods and services. In this paper, we use a general equilibrium, two- country model with exportables, importables and nontradables to study redistribution across...
Persistent link: https://www.econbiz.de/10012474110
Firm numbers first rise, and then fall as the typical industry evolves. This nonmonotonicity in the number of producers is explained in this paper using a competitive model in which innovation opportunities induce firms to enter, but in which a firm's failure to implement new technology causes...
Persistent link: https://www.econbiz.de/10012474509
We examine competition amongst ridesharing platforms where firms compete by choosing both the price of rides and the … involve monopoly or competition under various multihoming regimes, depending on the density of the city, and the relative …
Persistent link: https://www.econbiz.de/10012452915
increased competition from demand shocks in export markets - and the induced product mix reallocations - induce productivity … changes within the firm. We then empirically test for this connection between the demand shocks and the productivity of multi …-product firms exporting to those destinations. We find that the effect of those demand shocks on productivity are substantial - and …
Persistent link: https://www.econbiz.de/10012456244
In a general equilibrium product-cycle model, lower trade barriers increase Southern purchasing power, which lifts long-run growth by increasing the profit from innovation. In the short run, factors of production must be reallocated inside firms, which lowers the opportunity cost of innovation,...
Persistent link: https://www.econbiz.de/10012458713
degree of competition in a market with the share of nonprofits: the availability of economic profits under for-profit status …
Persistent link: https://www.econbiz.de/10012472441
The inability to measure the opportunity cost of labor has plagued analyses of firm-level compensation policies for many years. Using a newly constructed data set of French workers and firms, we estimate the opportunity cost of the employees' time based on a measure of the person-effect in the...
Persistent link: https://www.econbiz.de/10012473366
voters who are aligned with pro-FTA political candidates. We find that import competition plays a role in explaining votes …
Persistent link: https://www.econbiz.de/10013210086