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"This paper asks whether new technological capacity for producing and exporting additional products provides incentives …
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authors find that the stock of human capital, the level of domestic innovation and technological adaptation, and the level of ….15 percentage point. In terms of innovation, the authors find that a 20 percent increase in the annual number of USPTO patents …
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"The authors compare the two merger control systems currently employed worldwide: a mandatory system based on merger size threshold and a voluntary system with ex-post monitoring and fines. The voluntary system possesses two informational advantages: (i) the enforcement agency employs more...
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Tax incentives neither make up for serious deficiencies in a country's investment environment nor generate the desired …
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