Showing 1 - 10 of 740
It is tricky to design local regulations on global externalities, especially so if firms are mobile. We show that when costs and outside options are firms’ private information, the threat of firm relocation leads to local regulations that are stricter, not looser. This result is general and...
Persistent link: https://www.econbiz.de/10012871745
. The MP links significantly amplified the impact of these shocks on the rest of the world, which had a much greater impact …
Persistent link: https://www.econbiz.de/10014358332
feature of economic globalization. What determines the patterns of the internationalization of NGO campaigns? Stylized facts …
Persistent link: https://www.econbiz.de/10013228853
This paper analyzes the initial impact and recovery of globally engaged firms from the COVID-19 crisis. It uses rich survey data of nearly 65,000 firm-year observations in 45 countries spanning three waves of data collection. The findings are organized in a series of stylized facts, which...
Persistent link: https://www.econbiz.de/10013291442
We investigate the relationship between the presence of migrant inventors and the dynamics of innovation in the migrants’ receiving countries. We find that countries are 25 to 50 percent more likely to gain advantage in patenting in certain technologies given a twofold increase in the...
Persistent link: https://www.econbiz.de/10012867871
We investigate how protectionist policies influence short-run economic growth. Our empirical strategy exploits an extraordinary tax scandal that gave rise to an unexpected change of government in Sweden. A free-trade majority in parliament was overturned by a protectionist majority in 1887. The...
Persistent link: https://www.econbiz.de/10013227482
We examine how trade openness influences income inequality within countries. The sample includes 139 countries over the period 1970-2014. We employ predicted openness as instrument to deal with the endogeneity of trade openness. The effect of trade openness on income inequality differs across...
Persistent link: https://www.econbiz.de/10013218286
This paper analyzes the setting of national patent policies in the global economy. In the standard model with free … induce individual countries to select patent strengths that are weaker than is optimal from a global perspective. The paper … considerations in setting patent policies. The first two features (trade barriers interacting with firm heterogeneity) tend to reduce …
Persistent link: https://www.econbiz.de/10010277393
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
311,000 deaths per year. HPV vaccination is an integral component of the World Health Organization's (WHO) global strategy … to fight the disease. However, high vaccine prices enforced through patent protection are limiting vaccine expansion …, particularly in low- and middle-income countries. By limiting market power, patent buyouts could reduce vaccine prices and raise …
Persistent link: https://www.econbiz.de/10012825394