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In this paper, it is argued that ICT investment is closely linked with complementary innovations and most productive in firms with innovative experience. In an analysis based on firm-level panel data covering the period 1994-99, system GMM estimates for an extended production function framework...
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This paper evaluates the Multilateral Convention to implement Pillar I Amount A, released by the OECD in October 2023, and the alternative proposal of Art. 12B for tax treaties suggested by the UN, with a particular emphasis on the perspective of developing countries. We conduct a comparative...
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This paper provides the first in-depth study of the organization of knowledge in multinational firms. The paper develops a theoretical model that studies how firms optimally split knowledge between their headquarters and their production plants if communication costs impede the access of...
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Does access to the broadband internet stimulate firm growth? In this paper, I analyze within-firm growth of established … firms caused by the access to faster internet using geocoded social-security data. I identify firm responses to the access … to the first generation of broadband internet and later speed upgrades by exploiting technological peculiarities of the …
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