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Acemoglu, Daron; Akcigit, Ufuk; Kerr, William R. - 2016

linked fields. Our analysis uses 1.8 million U.S. patents and their citation properties to map the innovation network and its … strength. Past innovation network structures are calculated using citation patterns across technology classes during 1975 … predictive power on future innovation after 1995. This pattern is consistent with the idea that when there is more past upstream …

Persistent link: https://www.econbiz.de/10011557905

The old-boy network and the quality of entrepreneurs

Bac, Mehmet; Inci, Eren - 2010

We study a model of network formation and start-up financing with endogenous entrepreneurial type distribution. A hub firm admits members to its network based on signals about entrepreneurs' types. Network membership is observable, which allows lenders to offer different interest rates to...

Persistent link: https://www.econbiz.de/10003974212

A panel data model with generalized higher-order network effects

Baltagi, Badi H.; Ding, Sophia; Egger, Peter - 2020

Many data situations require the consideration of network effects among the cross-sectional units of observation. In this paper, we present a generalized panel model which accounts for two features: (i) three types of network effects on the right-hand side of the model, namely through weighted...

Persistent link: https://www.econbiz.de/10012306579

Spatial diffusion of economic shocks in networks

Amarasinghe, Ashani; Hodler, Roland; Raschky, Paul A.; … - 2018

The aggregate economic impact of any developmental project depends on its effects within the chosen administrative region as well as its economic spillovers into other regions. However, little is known about how these spillovers propagate through geographic, ethnic and road networks. In this...

Persistent link: https://www.econbiz.de/10011825329

The effect of adversity on process innovations and managerial incentives

Dostie, Benoît; Jayaraman, Rajshri - 2009

This paper asks whether adversity spurs the introduction of process innovations and increases the use of managerial incentives by firms. Using a large panel data set of workplaces in Canada, our identification strategy relies on exogenous variation in adversity arising from increased border...

Persistent link: https://www.econbiz.de/10003854411

Learning and the value of relationships in international trade

Monarch, Ryan; Schmidt-Eisenlohr, Tim - 2016

How valuable are long-term supplier relationships? To address this question, this paper explores relationships between U.S. importers and their suppliers abroad. We first establish several facts: almost half of U.S. imports are in relationships three years or older, relationship survival and...

Persistent link: https://www.econbiz.de/10011417707

Behavioral New Keynesian models : learning vs. cognitive discounting

Meggiorini, Greta; Milani, Fabio - 2021

This paper estimates a New Keynesian model with new and old behavioral elements. Agents in the model exhibit cognitive discounting, or myopia: they discount variables far into the future at higher rates than typically implied in the benchmark model. We investigate the model under different...

Persistent link: https://www.econbiz.de/10012509319

The dynamics of outsourcing : from labor cost-saving to preference-based outsourcing

Cheng, Wan-jung; Riezman, Raymond Glenn; Wang, Ping - 2020

Ronald W. Jones (2000) celebrated book has inspired a generation of work that has been devoted to understanding the causes and consequences of outsourcing. While much of this work has focused on the outsourcing versus domestic production decision of the firm with labor cost-saving as the key...

Persistent link: https://www.econbiz.de/10012211546

Superstar economists : coauthorship networks and research output

Hsieh, Chih-sheng; König, Michael D.; Liu, Xiaodong; … - 2018

We study the impact of research collaborations in coauthorship networks on research output and how optimal funding can maximize it. Through the links in the collaboration network, researchers create spillovers not only to their direct coauthors but also to researchers indirectly linked to them....

Persistent link: https://www.econbiz.de/10011925969

Contagion in stable networks

Bougheas, Spiros P. - 2017

We study the formation of networks in environments where agents derive benefits from other agents directly linked to them but suffer losses through contagion when any agent on a path connected to them is hit by a shock. We first consider networks with undirected links (e.g. epidemics,...

Persistent link: https://www.econbiz.de/10011735929

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