Showing 1 - 10 of 445
We study the relationship between firm centralization and organizational reproduction in satellite locations. For decentralized firms, the ethnic compositions of inventors in satellite locations mostly resemble their host cities, with little link to the inventor composition of their parent...
Persistent link: https://www.econbiz.de/10014372481
We evaluate the 2017 Tax Cuts and Jobs Act. Combining reduced-form estimates from tax data with a global investment model, we estimate responses, identify parameters, and conduct counterfactuals. Domestic investment of firms with the mean tax change increases 20% versus a no-change baseline. Due...
Persistent link: https://www.econbiz.de/10014512034
spillovers from multinationals to domestic firms justify pro- FDI policies. For the first time, we use firm-to-firm transaction … increase of about 8% three or more years after the event. Sales to other buyers, trade and customer quality also increase …
Persistent link: https://www.econbiz.de/10014250146
foreign direct investment (FDI) dynamics at different levels of aggregation as well as at firm level. We propose a theoretical … reduction in FDI resulting from both physical and transition risks but an ambiguous interaction effect of these risks with … we do not find consistent evidence for statistically significant effects of physical and transition risks on FDI. However …
Persistent link: https://www.econbiz.de/10013388808
Managerial know-how shapes the productivity of firms by defining the set of available technologies, production choices, and market opportunities. This know-how can be reallocated across countries as managers acquire control of factors of production abroad. In this paper, we construct a...
Persistent link: https://www.econbiz.de/10012465581
Immigrants contribute disproportionately to entrepreneurship in many countries, accounting for a quarter of new employer businesses in the US. We review recent research on the measurement of immigrant entrepreneurship, the traits of immigrant founders, their economic impact, and policy levers....
Persistent link: https://www.econbiz.de/10014544679
This paper examines the impact of rising U.S.-China geopolitical tensions on three main dimensions of science: STEM trainee mobility between these countries, usage of scientific works between scientists in each country, and scientist productivity in each country. We examine each dimension from a...
Persistent link: https://www.econbiz.de/10014576651
'skill-based' immigration policy in an attempt to limit migration. We assess whether the Immigration Act had any measurable … into migration to the U.S. from Europe through Ellis Island, reducing migration from low literacy countries by 70 percent …
Persistent link: https://www.econbiz.de/10014576653
firm-to-firm global supply chain information with a US establishment database and historical migration data, we find that … also extends to strategic partnerships and trade in services. Examining the causal mechanisms, we find that the positive …
Persistent link: https://www.econbiz.de/10014250174
The U.S. limits work visas for low-skill jobs outside of agriculture, with a binding quota that firms access via a randomized lottery. We evaluate the marginal impact of the quota on firms entering the 2021 H-2B visa lottery using a novel survey and pre-analysis plan. Firms exogenously...
Persistent link: https://www.econbiz.de/10013435151