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We consider the welfare effect of cross-border merger in presence of international R&D competition. Cross-border merger increases domestic welfare if the bargaining power of the foreign firm and the slope of the marginal cost of R&D are sufficiently low. Otherwise, domestic welfare is lower...
Persistent link: https://www.econbiz.de/10005094612
We consider the welfare effect of cross-border merger in presence of international R&D competition. Cross-border merger increases domestic welfare if the bargaining power of the foreign firm and the slope of the marginal cost of R&D are sufficiently low. Otherwise, domestic welfare is lower...
Persistent link: https://www.econbiz.de/10010630195
In the two-country Melitz (2003) model, unilateral trade liberalization is often cast as a reduction of iceberg transportation costs and wages are determined by a linear outside sector. We show that welfare results reverse when wages adjust and trade frictions are revenue-generating tariffs.
Persistent link: https://www.econbiz.de/10011278704
-exporters. It is argued that this exporter-productivity premium is due to extra cost of exporting that can be covered profitably by … than non-exporting firms from the same 4-digit industry both on average and over the whole productivity distribution …. However, many firms from the lower end of this distribution are exporters. This paper report that these low-productivity …
Persistent link: https://www.econbiz.de/10011278645
for first order stochastic dominance it is shown that, in line with this hypothesis, the productivity distribution of … guide empirical work on the relation between exports, R&D and productivity. …
Persistent link: https://www.econbiz.de/10011278722
The impact of offshoring on average labor productivity is investigated on a panel of 17 manufacturing sectors between …, significant increases in productivity are explained by the growth of imports weighted by import penetration. The exception are … imports from NAFTA which have a negative impact on productivity. …
Persistent link: https://www.econbiz.de/10009320378
The use of trade liberalization to enhance manufacturing productivity has been a commonly applied policy in several … developing countries since the 1980s. This paper proposes a new methodology to estimate the inter-industry productivity …-1998) indicate that inter-industry productivity spillovers exist, are positive, and account for 70% of the increase in productivity …
Persistent link: https://www.econbiz.de/10010835840
-exporters. However, many firms from the lower end of the productivity distribution are exporters. Germany is a case in point. A recent … study reports that these low-productivity exporters are not marginal exporters defined according to the share of exports in … exports is much higher among exporters from the lower end of the productivity distribution than among highly productive …
Persistent link: https://www.econbiz.de/10010756146
-parametric test for first order stochastic dominance it is shown that, in line with this hypothesis, the productivity distribution of … productivity. …
Persistent link: https://www.econbiz.de/10011208209
The present study attempts to identify the factors that motivate participation of real stakeholders in the Mahatma Gandhi National Rural Employment Guarantee Programme (MGNREGP) in India. The study used primary data collected through personal interview schedule from the households of the tribal...
Persistent link: https://www.econbiz.de/10011278609