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The hold-up problem, innovations, and limited liability
Schmitz, Patrick W - C.E.P.R. Discussion Papers - 2012
An inventor can invest research effort to come up with an innovation. Once an innovation is made, a contract is negotiated and unobservable effort must be exerted to develop a product. In the absence of liability constraints, the inventor's investment incentives are increasing in his bargaining...
Persistent link: https://www.econbiz.de/10011084016
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By Chance or Choice: The Regulation of the Apprenticeship System in Australia, 1900-1930
Stromback, Thorsten - Research School of Economics, College of Business and … - 2006
This paper traces the process whereby the apprenticeship system came to be regulated by industrial tribunals during the period 1900 to 1930. It describes how the regulation emerged, the motives that underpinned it, and the wider political debate about the apprenticeship system at the time. It...
Persistent link: https://www.econbiz.de/10004971380
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What are we learning from business training and entrepreneurship evaluations around the developing world?
McKenzie, David J.; Woodruff, Christopher - C.E.P.R. Discussion Papers - 2013
Business training programs are a popular policy option to try to improve the performance of enterprises around the world. The last few years have seen rapid growth in the number of evaluations of these programs in developing countries. We undertake a critical review of these studies with the...
Persistent link: https://www.econbiz.de/10011083443
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Multi-product Offshoring
Eckel, Carsten; Irlacher, Michael - C.E.P.R. Discussion Papers - 2015
the relocation of production tasks within single-product firms. By incorporating offshoring of labor-intensive goods in a …
Persistent link: https://www.econbiz.de/10011272705
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Foreign acquisition, plant survival, and employment growth
Bandick, Roger; Görg, Holger - C.E.P.R. Discussion Papers - 2009
This paper analyses the effect of foreign acquisition on survival probability and employment growth of target plant using data on Swedish manufacturing plants during the period 1993-2002. An improvement over previous studies is that we take into account firm level heterogeneity by separating the...
Persistent link: https://www.econbiz.de/10005016249
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On the Genesis of Multinational Foreign Affiliate Networks
Egger, Peter; Fahn, Matthias; Merlo, Valeria; Wamser, Georg - C.E.P.R. Discussion Papers - 2011
Multinational enterprises (MNEs) develop their networks of foreign affiliates gradually over time. Instead of exploring all profitable opportunities immediately, they first establish themselves in their home countries and then enter new markets stepwise. We argue that this behavior is driven by...
Persistent link: https://www.econbiz.de/10009246612
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Grossman-Hart (1986) Goes Global: Incomplete Contracts, Property Rights, and the International Organization of Production
Antràs, Pol - C.E.P.R. Discussion Papers - 2011
implementation of the theory in open-economy environments and its implications for the international organization of production and …
Persistent link: https://www.econbiz.de/10009320400
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Global Sourcing of a Complex Good
Van Biesebroeck, Johannes; Zhang, Lijun - C.E.P.R. Discussion Papers - 2011
. Equilibrium predictions depend crucially on a key modeling assumption--the nature of the trade friction that foreign production … has to overcome. If production abroad involves a fixed cost, offshoring one intermediate unambiguously facilitates … offshoring of other intermediates. However, if production abroad involves incomplete contracts, offshoring one intermediate …
Persistent link: https://www.econbiz.de/10009324256
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Productivity, Relationship-Specific Inputs and the Sourcing Modes of Multinationals
Defever, Fabrice; Toubal, Farid - C.E.P.R. Discussion Papers - 2011
We investigate the roles of productivity and the specificity of inputs for the international sourcing strategy of firms which are part of a multinational network. We present a framework in which firms decide to import from a foreign independent supplier or from their related party abroad...
Persistent link: https://www.econbiz.de/10009365648
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Outsourcing, Unemployment and Welfare Policy
Keuschnigg, Christian; Ribi, Evelyn - C.E.P.R. Discussion Papers - 2007
Outsourcing of labour intensive activities challenges the welfare state and undermines the protection of low-skilled workers. The stylized facts are that profits are concentrated among the high-skilled, involuntary unemployment is mostly among the low-skilled, and private unemployment insurance...
Persistent link: https://www.econbiz.de/10005662250