Showing 1 - 10 of 253
This paper studies the impact of Muslim rule on human capital development. Using a unique novel dataset containing yearly data on Muslim presence in the period 711-1492 and literacy rate in 1900 for about 7500 municipalities in Spain, we estimate the local impact of the length of Muslim rule in...
Persistent link: https://www.econbiz.de/10012836716
This paper investigates firm dynamics in the period before, during, and after an event consisting of a first published patent application. The analysis is based on patent data from the Norwegian Industrial Property Office merged with data from several business registers covering a period of...
Persistent link: https://www.econbiz.de/10014077007
This paper provides new insight into the firm-level employment impacts of trade cost changes at the industry level in … firm entry rates at the industry-region level complete the picture of total trade-induced net job creation. We implement … the trade cost measure introduced by Chen and Novy (2011) and base it on own estimates of industry specific substitution …
Persistent link: https://www.econbiz.de/10012844212
Cloud computing enables a shift in the costs of ICT adoption from investment in fixed capital to pay-on-demand services allowing firms to scale and reorganize. Using new firm-level data we examine the impact of cloud on firm growth, using zip-code-level instruments of the timing of high-speed...
Persistent link: https://www.econbiz.de/10012832203
In the past several decades, the U.S. economy has witnessed a number of striking trends that indicate a rising market concentration and a slowdown in business dynamism. In this paper, we make an attempt to understand potential common forces behind these empirical regularities through the lens of...
Persistent link: https://www.econbiz.de/10012861420
In this paper, we review the literature on declining business dynamism and its implications in the United States and propose a unifying theory to analyze the symptoms and the potential causes of this decline. We first highlight 10 pronounced stylized facts related to declining business dynamism...
Persistent link: https://www.econbiz.de/10012861425
In geographically segmented credit markets, local real estate booms can deteriorate the funding conditions for small manufacturing firms and undermine their competitiveness. Using exogenous variation in the administrative land supply across 172 Chinese cities, we show that higher predicted real...
Persistent link: https://www.econbiz.de/10012859607
with a counterfactually high price elasticity of demand and trade elasticity. We conclude that successful market entry is …
Persistent link: https://www.econbiz.de/10012841929
We investigate how firms adapt to trademark protection, an extensively used but underexamined form of IP protection, by exploring a historical precedent: China’s trademark law of 1923—an unanticipated and disapproved response to end foreign privileges in China. By exploiting a unique, newly...
Persistent link: https://www.econbiz.de/10013306852
Is the variation in bilateral trade flows across countries primarily due to differences in the number of exporting … estimation and quantitative implications of the Melitz (2003) trade model? The benchmark Melitz model with Pareto …. We then study the implications of our findings for quantitative trade theory. Using likelihood methods and the EDD, we …
Persistent link: https://www.econbiz.de/10012890632