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Foreign Ownership and Skillbiased Technological Change

Koch, Michael - 2019

We conduct an empirical investigation into the effects of foreign ownership on worker skills using firm-level data from Spain. To control for endogeneity bias due to selection into foreign ownership, we combine a difference-in-differences approach with a propensity score weighting estimator. Our...

Persistent link: https://www.econbiz.de/10012892251

Foreign Takeovers and Wage Dispersion in Hungary

Csengödi, Sandor; Urban, Dieter M. - 2021

This study tests FDI technology spillover models with the assumption that learning takes time against wage bargaining …

Persistent link: https://www.econbiz.de/10013316617

FDI Technology Spillovers and Wages

Urban, Dieter M. - 2021

This study distinguishes multinational firm (MNE) technology-spillover from learning effects. Whenever learning takes … time, the model predicts that foreign investors deduct the economic value of learning from wages of inexperienced workers … unaffected by the presence of MNEs. In contrast to learning, technology spillover effects occur whenever a worker with MNE …

Persistent link: https://www.econbiz.de/10013316795

Technology Transfer in Global Value Chains

Sampson, Thomas - 2022

Firm-to-firm relationships in global value chains create opportunities for North-South technology diffusion. This paper studies technology transfer in value chains when contracts are incomplete and input production technologies are imperfectly excludable. The paper introduces a new taxonomy of...

Persistent link: https://www.econbiz.de/10013307214

A Model for International Spillovers to Emerging Markets

Houssa, Romain - 2019

This paper develops a small open economy (SOE) dynamic stochastic general equilibrium (DSGE) model that helps to explain business cycle synchronization between an emerging market and advanced economies. The model captures the specificities of both economies (e.g. primary commodity,...

Persistent link: https://www.econbiz.de/10012866875

The Effect of U.S. Stress Tests on Monetary Policy Spillovers to Emerging Markets

Liu, Emily - 2019

This paper shows that monetary policy and prudential policies interact. U.S. banks issue more commercial and industrial loans to emerging market borrowers when U.S. monetary policy eases. The effect is less pronounced for banks that are more constrained through the U.S. bank stress tests,...

Persistent link: https://www.econbiz.de/10012858696

Technology Gaps, Trade and Income

Sampson, Thomas - 2019

theory characterizes how innovation and learning determine technology gaps, trade and global income inequality. Countries …

Persistent link: https://www.econbiz.de/10012866618

The Diffusion of Technological Progress in ICT

Elstner, Steffen; Grimme, Christian; Kecht, Valentin; … - 2021

We study whether technology gains in sectors related to Information and Communications Technology (ICT) increase productivity in the rest of the economy. To separate exogenous gains in ICT from other technological progress, we use the relative price of ICT goods and services in a structural VAR...

Persistent link: https://www.econbiz.de/10013314751

Division of Labor and the Organization of Knowledge in Production : A Laboratory Experiment

Klockmann, Victor; Schenk, Alicia von; Siemens, … - 2021

Following Garicano (2000), we consider groups whose members decide what knowledge to acquire and how to use this knowledge in production. If efficient production requires common knowledge, all group members should become workers and acquire common knowledge. But if efficient production requires...

Persistent link: https://www.econbiz.de/10013250738

R&D Spillovers Through RJV Cooperation

Banal-Estañol, Albert - 2020

We investigate the dimensions through which R&D spillovers are propagated across firms via cooperation through Research Joint Ventures (RJVs). We build on the framework developed by Bloom et al. (2013) which considers the opposing effects of technology spillovers and product market rivalry, and...

Persistent link: https://www.econbiz.de/10012824822