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International Business Travel : An Engine of Innovation?

Hovhannisyan, Nune - 2014

person. This paper studies the role of short-term cross-border labor movements for innovation by estimating the recent impact … one fourth as potent for innovation as domestic R&D spending. We show that the technological knowledge of each business … traveler matters by estimating a higher impact for travelers that originate in U.S. states with substantial innovation, such as …

Persistent link: https://www.econbiz.de/10013067960

Birthplace Diversity and Economic Prosperity

Alesina, Alberto F. - 2013

We use recent immigration data from 195 countries and propose an index of population diversity based on people's birthplaces. This new index is then decomposed into a size (share of foreign born) and a variety (diversity of immigrants) component and is available for 1990 and 2000 disaggregated...

Persistent link: https://www.econbiz.de/10013088673

Multinational Enterprises, International Trade, and Productivity Growth : Firm-Level Evidence from the United States

Keller, Wolfgang; Yeaple, Stephen R. - 2021

We estimate international technology spillovers to U.S. manufacturing firms via imports and foreign direct investment (FDI) between the years of 1987 and 1996. In contrast to earlier work, our results suggest that FDI leads to significant productivity gains for domestic firms. The size of FDI...

Persistent link: https://www.econbiz.de/10013222892

Who Adjusts and When? On the Political Economy of Reforms

Alesina, Alberto F.; Ardagna, Silvia; Trebbi, Francesco - 2021

Why do countries delay stabilizations of large and increasing budget deficits and inflation? And what explains the timing of reforms? We use the war of attrition model as a guidance for our empirical study on a vast sample of countries. We find that stabilizations are more likely to occur when...

Persistent link: https://www.econbiz.de/10013225052

Are International R&D Spillovers Trade-Related? Analyzing Spillovers Among Randomly Matched Trade Partners

Keller, Wolfgang - 2021

In this paper, I analyze recent findings by Coe and Helpman (1995) on trade-related international R&D spillovers. A Monte Carlo based robustness test is proposed which compares the elasticity of domestic productivity with respect to foreign R&D estimated by Coe and Helpman with an elasticity...

Persistent link: https://www.econbiz.de/10013249690

Economic Integration and Political Disintegration

Alesina, Alberto F.; Spolaore, Enrico; Wacziarg, Romain T. - 2022

Trade liberalization and political separatism go hand in hand. In a world of trade restrictions, large countries enjoy economic benefits because political boundaries determine the size of the market. In a world of free trade and global markets even relatively small cultural, linguistic or ethnic...

Persistent link: https://www.econbiz.de/10013322303