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Product versus Process : Innovation Strategies of Multi-Product Firms
Flach, Lisandra - 2015
We investigate the effect of better access to foreign markets on innovation strategies of multi-product firms in industries with different scope for product differentiation. Industry-specific demand and cost linkages induce a distinction between the returns to innovation. In differentiated...
Persistent link: https://www.econbiz.de/10013020507
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Heterogeneous Technology Diffusion and Ricardian Trade Patterns
Kerr, William - 2019
quantify the importance of Ricardian technology differences for international trade. The framework provides the first panel … estimates connecting country-industry productivity and exports, and the study exploits heterogeneous technology diffusion from …
Persistent link: https://www.econbiz.de/10012902445
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Panel Data Gravity Models of International Trade
Baltagi, Badi H. - 2014
One of the oldest and largest literatures in empirical economics is concerned with the estimation of demand and supply … structure of the data. This chapter is concerned with a host of issues that arise with the estimation of such models, respecting … their panel econometric generic structure. The issues covered range from the estimation of double-indexed versus higher …
Persistent link: https://www.econbiz.de/10013058498
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International Outsourcing under Monopolistic Competition : Winners and Losers
Do, Viet Dung - 2007
We show that, even with flexible domestic wages, international outsourcing may worsen the welfare of the home country and reduce the profits of all firms. If wages are rigid, outsourcing is welfare-improving if and only if the sum of the quot;trade creationquot; effect and the quot;exploitation...
Persistent link: https://www.econbiz.de/10012776626
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International Trade and Monopolistic Competition Without CES : Estimating Translog Gravity
Novy, Dennis - 2010
This paper derives a micro-founded gravity equation in general equilibrium based on a translog demand system that allows for endogenous markups and rich substitution patterns across goods. In contrast to standard CES-based gravity equations, trade is more sensitive to trade costs if the...
Persistent link: https://www.econbiz.de/10013144787
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Reference Pricing, Competition, and Pharmaceutical Expenditures : Theory and Evidence from a Natural Experiment
Brekke, Kurt Richard; Holmas, Tor Helge; Straume, Odd Rune - 2021
a unique policy experiment in Norway, where reference pricing (RP) replaced price cap regulation in 2003 for a sub …
Persistent link: https://www.econbiz.de/10013316129
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International Trade Integration : A Disaggregated Approach
Chen, Natalie - 2013
This paper investigates the sources and size of trade barriers at the industry level. We derive a micro-founded measure of industry-specific bilateral trade integration that has an in-built control for time-varying multilateral resistance. This trade integration measure is consistent with a...
Persistent link: https://www.econbiz.de/10012753160
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Search Costs and Corporate Income Tax Competition
Konrad, Kai A. - 2010
This paper studies corporate tax competition if it is costly to learn some of the elements that determine the effective tax burden. Search cost may, but need not, eliminate the tax competition pressure. The outcome depends on the boundaries of tax rate and tax base choices. Search cost can...
Persistent link: https://www.econbiz.de/10013136588
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Fiscal Policy, Monopolistic Competition, and Finite Lives
Heijdra, Ben J. - 2006
The paper studies the short-run, transitional, and long-run output effects of permanent and temporary shocks in public consumption under various financing methods. To this end, a dynamic macroeconomic model for a closed economy is developed, which features a perfectly competitive final goods...
Persistent link: https://www.econbiz.de/10012783358
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Greasing the Wheels of International Commerce : How Services Facilitate Firm's International Sourcing
Debaere, Peter; Görg, Holger; Raff, Horst - 2021
We use unique plant-level data to study the link between the local availability of services and the decision of manufacturing firms to source materials from abroad. To guide our empirical analysis we develop a monopolistic-competition model of the materials sourcing decisions of heterogeneous...
Persistent link: https://www.econbiz.de/10013316255