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Persistent link: https://www.econbiz.de/10003635266
Manufacturing accounts for more than three-quarters of U.S. corporate patents. The competitive shock to this sector emanating from China's economic ascent could in theory either augment or stifle U.S. innovation. Using three decades of U.S. patents matched to corporate owners, we quantify how...
Persistent link: https://www.econbiz.de/10012105572
This paper investigates the impact of the distribution sector on the real exchange rate, controlling for the Balassa-Samuelson effect, as well as other macro variables. Long-run coefficients are estimated using a panel dynamic OLS estimator. The main result is that an increase in the...
Persistent link: https://www.econbiz.de/10011398102
; the other is a market-making mode by which an intermediary offers a platform for buyers and sellers to trade with each …
Persistent link: https://www.econbiz.de/10011517977
The object of this paper is to discuss on-line intermediation from the perspective of two-sided markets. It builds a simple model of the intermediation activity when trading partners are involved in a commercial relationship and uses it to illustrate some of the results that emerge in the...
Persistent link: https://www.econbiz.de/10002521690
Language is a strong and robust determinant of international trade patterns: Countries sharing a common language trade … that this trade-promoting effect of language is likely to reflect cultural ties, rather than lower costs of communication … local dialect between regions have a sizable and significant positive impact on intra-national trade. We interpret this …
Persistent link: https://www.econbiz.de/10009743772
liberalization are weaker under buyer power than under seller power. -- buyer power ; retailing ; international trade …This paper investigates the implications for international markets of the existence of retailers/wholesalers with … market power. Two main results are shown. First, in the presence of buyer power trade liberalization may lead to retail …
Persistent link: https://www.econbiz.de/10003872802
vindicating the position that the legal system had a marginal role in mitigating agency problems in long-distance trade in this … historical era.** Edwards and Ogilvie constantly present legal actions in non-trade related legal cases as evidence for a … reliance on the legal system for matters pertaining to long-distance trade. Their criticism of Greif's documentary analysis …
Persistent link: https://www.econbiz.de/10003730316
Persistent link: https://www.econbiz.de/10003662131
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