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,' which are about 60 percent of world output. Given all the attention that 'globalization' has received from scholars …
Persistent link: https://www.econbiz.de/10012473482
In this paper we develop some simple models of optimal tax and tariff policy in the presence of global corporations that operate in an imperfectly competitive environment. The models emphasize two important differences in the practical application of tax and tariff policy - tax, but not tariff,...
Persistent link: https://www.econbiz.de/10012475527
The degree of internationalizaton of the enterprise or business sectors of many countries, as measured by the ratio of direct investment abroad to domestic wealth or assets, or of assets or employment abroad to that at home, has been growing over the last twenty years or more. The exception to...
Persistent link: https://www.econbiz.de/10012476130
This paper provides a general and unified framework to study the role of production networks in international GDP comovement. We first derive an additive decomposition of bilateral GDP comovement into components capturing shock transmission and shock correlation. We quantify this decomposition...
Persistent link: https://www.econbiz.de/10012479927
three important phenomena: (1) the globalization of R&D, (2) the growing importance of software and IT to firm innovation … markets. One of the distinguishing features of the R&D globalization phenomenon is its concentration within the software … IT- and software-biased shift in innovation drove US MNCs abroad, and particularly drove them abroad to "new hubs" with …
Persistent link: https://www.econbiz.de/10012453013
The paper reviews the crucial role which globalization forces played in Israel's transformation from low tech to high …
Persistent link: https://www.econbiz.de/10012455458
The explosion of multinational activities in recent decades is rapidly transforming the global landscape of industrial production. But are the emerging clusters of multinational production the rule or the exception? What drives the offshore agglomeration of multinational firms in comparison to...
Persistent link: https://www.econbiz.de/10012463073
reduces carbon emissions by inducing substitution away from coal. Yet, the natural gas boom discourages innovation directed at …
Persistent link: https://www.econbiz.de/10014372414
Using patent data from the United States, Japan, and Germany, this paper examines both the innovation and diffusion of … environmental regulations. Moreover, any technology transfer that occurs appears to be indirect. Domestic innovation occurs even for …
Persistent link: https://www.econbiz.de/10012468050
externalities but also by innovation market failures. This paper maps the economics literature on innovation market failures and …
Persistent link: https://www.econbiz.de/10014337854