Showing 1 - 10 of 523
This research explores the economic causes and consequences of language structures. It advances the hypothesis and establishes empirically that variations in pre-industrial geographical characteristics that were conducive to higher return to agricultural investment, larger gender gap in...
Persistent link: https://www.econbiz.de/10012978392
regional model of the world economy, in which energy technical change is endogenous. The focus is on disembodied energy Ramp … different regions of the world? Does the speed of innovation increase? Or do free-riding incentives prevail and international …
Persistent link: https://www.econbiz.de/10012751854
The tractable general equilibrium model developed by Golosov et al. (2014), GHKT for short, is modified to allow for stock-dependent fossil fuel extraction costs and partial exhaustion of fossil fuel reserves, a negative impact of global warming on growth, mean reversion in climate damages,...
Persistent link: https://www.econbiz.de/10012996198
This research empirically establishes and theoretically motivates the hypothesis that population aging has a hump-shaped effect on inventive activity. We estimate this hump-shaped relationship in a panel of 33 OECD countries over the period 1960-2012. The increasing part of the hump captures the...
Persistent link: https://www.econbiz.de/10012993693
in knowledge spillovers. Drawing on the NBER Patent Citations Database, we examine patent citations data at metropolitan … level within the U.S. and the 38 largest patent-cited countries outside the U.S. We present 3 key findings: First, we find … of cited patent, which implies that new knowledge faces the largest barriers to diffusion. However, over time, border and …
Persistent link: https://www.econbiz.de/10013117109
stage of the patenting process and the interplay with the patent office. This is followed by considering the perspective of … the patent and trademark offices (PTOs), in particular, acknowledging the limited resources that are available to PTOs …
Persistent link: https://www.econbiz.de/10013037442
.S. “exhausts” all rights of the patentee to that item under the Patent Act. This decision goes against the Government's position … that a foreign sale authorized by the U.S. patentee should exhaust U.S. patent rights by default unless the patentee … distribution. PIE subjects the firms that source in the South and sell in the North to the risk of a patent infringement lawsuit …
Persistent link: https://www.econbiz.de/10012947350
We argue a holdout is not a destructive investor behaviour but a rational investment decision. This investment decision is characterised by the mean-variance approach. We investigate intercreditor conflict by diverse portfolio structure. We demonstrate that at some point during the Greek (2012)...
Persistent link: https://www.econbiz.de/10013013489
-run demand shocks. In this setup, the volatility of a firm's exports depends not only on the diversification of its destination … doubt on the commonly held belief that diversification must decrease volatility …
Persistent link: https://www.econbiz.de/10013048894
Excessive concentration increases national risk in an uncertain world. This paper views economic and political … diversification as an essential aspect of national risk management aimed at promoting efficiency, growth, and welfare. The paper first … presents economic and political diversification side by side in a cross-country framework and discusses how they interact and …
Persistent link: https://www.econbiz.de/10013020575