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Multinationals, Technology, and the Introduction of Varieties of Goods

Brambilla, Irene - 2006

I find that firms with more than 50 percent of foreign ownership introduce on average more than twice as many more new varieties of goods as private domestic firms. Advantages in productivity account for 32 to 62 percent of the difference in the number and sales of new varieties, while...

Persistent link: https://www.econbiz.de/10012466451

Regulation, Distribution Efficiency, and Retail Density

Flath, David - 2003

After outlining characteristics of Japan's distribution sector, a comprehensive international comparison of it to those of other nations is presented and analyzed for underlying differences. This leads to an explanation of Japan's retail store density, which is then related to the structure of...

Persistent link: https://www.econbiz.de/10012469253

Islam, Inequality and Pre-Industrial Comparative Development

Michalopoulos, Stelios - 2015

This study explores the interaction between trade and geography in shaping the Islamic economic doctrine. We build a … model where an unequal distribution of land quality in presence of trade opportunities conferred differential gains from … trade across regions, fostering predatory behavior by groups residing in the poorly endowed territories. We show that in …

Persistent link: https://www.econbiz.de/10012457162

Efficiency and Information Transmission in Bilateral Trading

Shimer, Robert - 2015

trader can walk away from a proposed trade when he learns the trading price. We show that when one trader's information is …

Persistent link: https://www.econbiz.de/10012457173

How You Export Matters : Export Mode, Learning and Productivity in China

Bai, Xue - 2015

This paper shows that how firms export (directly or indirectly via intermediaries) matters. We develop and estimate a dynamic discrete choice model that allows learning-by-exporting on the cost and demand side as well as sunk/fixed costs to differ by export mode. We find that demand and...

Persistent link: https://www.econbiz.de/10012457503

A Gains from Trade Perspective on Macroeconomic Fluctuations

Beaudry, Paul - 2011

Business cycles reflect changes over time in the amount of trade between individuals. In this paper we show that … incorporating explicitly intra-temporal gains from trade between individuals into a macroeconomic model can provide new insight into … "gains from trade" approach can easily explain why changes in perceptions about the future (including "news" about the future …

Persistent link: https://www.econbiz.de/10012461366

How Does Life Settlement Affect the Primary Life Insurance Market?

Fang, Hanming - 2010

We study the effect of the life settlement market on the structure of long term contracts offered by the primary market for life insurance, as well as the effect on consumer welfare, using a dynamic model of life insurance with one sided commitment and bequest-driven lapsation. We show that the...

Persistent link: https://www.econbiz.de/10012462894

Playing With Fire : Cigarettes, Taxes and Competition From the Internet

Goolsbee, Austan - 2009

This paper documents the rise of the Internet as a source of state-tax-free cigarettes and its impact on taxed sales elasticities. Using data on cigarette tax rates, taxable cigarette sales and individual smoking rates by state from 1980 to 2005 merged with data on Internet penetration, the...

Persistent link: https://www.econbiz.de/10012463038

A Search-Theoretic Model of the Retail Market for Illicit Drugs

Galenianos, Manolis - 2009

A search-theoretic model of the retail market for illegal drugs is developed. Trade occurs in bilateral, potentially … is present because buyers learn purity only after a trade is made. The model produces testable implications regarding the …

Persistent link: https://www.econbiz.de/10012463669

The Dynamics of the Transfer and Renewal of Patents

Serrano, Carlos J. - 2008

This paper explores the dynamics of the transfer of U.S. patents and the significance of the initial missallocation of patent property rights. Here we find that the initial missallocation of patent property rights is large and differs substantially across patentees and technology fields. We also...

Persistent link: https://www.econbiz.de/10012464710