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democracies are more likely to import surveillance AI from China. This bias is not observed in AI imports from the US or in … import China's surveillance AI in years of domestic unrest. Such imports coincide with declines in domestic institutional … China. First, China has a comparative advantage in this technology. It is substantially more likely to export surveillance …
Persistent link: https://www.econbiz.de/10014372433
. However, we also document that starting to supply other "superstar firms" such as those who heavily export or are very large …
Persistent link: https://www.econbiz.de/10014250146
Investment in research and development (R&D) affects a country's total factor productivity. Recently new theories of economic growth have emphasized this link and have also identified a number of channels through which a country's R&D affects total factor productivity of its trade partners....
Persistent link: https://www.econbiz.de/10012474506
crucial part in accounting for income differences. We also relate technology transfer to imports, showing that imports are …
Persistent link: https://www.econbiz.de/10012465568
The close connection between US and China in scientific research and education in the 2000s produced a large group of China-born researchers who work in the US ("diaspora") and a larger group of China-born researchers who gained US-research experience and returned to do their research in China...
Persistent link: https://www.econbiz.de/10014322694
universities. The two reforms have adopted different models in the allocation of university patent ownership. The former completely … allocated the patent ownership to universities, while the latter allocated 70% of the patent ownership to the inventors. Based … on Chinese patent data and university statistical data, we empirically test the effects of these two university-patent …
Persistent link: https://www.econbiz.de/10014247942
exports and imports, and the implications of this choice for exchange rate pass-through into prices and quantities. We derive …-through into destination prices at all horizons. In contrast, large import-intensive firms tend to denominate their exports in …, small non-importing firms tend to price their exports in euros (producer currency) and exhibit complete exchange-rate pass …
Persistent link: https://www.econbiz.de/10012482146
We quantify the impact on U.S. employment from imports and exports during 1995-2011, using the World Input … total job losses of 2.0 million. It follows that the expansion in U.S. merchandise exports to the world relative to imports … gain due to merchandise exports was 3.7 million jobs. In comparison, U.S. merchandise imports from China led to reduced …
Persistent link: https://www.econbiz.de/10012453691
Persistent differences in interest rates across countries account for much of the profitability of currency carry trade strategies. "Commodity currencies'' tend to have high interest rates while low interest rate currencies belong to exporters of finished goods. This pattern arises in a...
Persistent link: https://www.econbiz.de/10012459290
data on bilateral trade in manufactures among 92 countries and to firm-level export data for a much narrower sample shows … that it accounts for both the large share of a small number of firms in sales around the world and for zeros in bilateral …
Persistent link: https://www.econbiz.de/10012460795