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can offer a broad analysis of product innovation dynamics in Europe which should be the basis for not only better supply … communication in relation to product innovation dynamics. Moreover, the approach provides new important arguments in favor of the … TTIP negotiations between the US and the EU and it suggests a broader analytical link between trade, FDI, innovation …
Persistent link: https://www.econbiz.de/10013032283
We investigate whether inward FDI, either at the firm or industry level, has any impact on product innovation by … that export, invest in human capital or R&D, or have prior innovation experience. We also find that SOEs with internal R …
Persistent link: https://www.econbiz.de/10013318130
This paper provides a simple theory of geographical mobility which simultaneously explainspeople’s choice of residences in space and the location of industry. Residences are chosenon the basis of the utility which mobile households obtain across locations...
Persistent link: https://www.econbiz.de/10005862705
Within an efficiency wage framework, we study the effects of two revenue-neutral tax reforms that change the progressivity of the labour tax system. A revenue-neutral increase in both the wage tax and tax exemption and a revenue-neutral change in the composition of labour taxation towards the...
Persistent link: https://www.econbiz.de/10013316969
We construct a model of offshoring with externalities and firm heterogeneity. Due to thepresence of externalities, temporary shocks like the Y2K problem can have permanenteffects, i.e., they can permanently raise the extent of offshoring in an industry. Also, the initialadvantage of a country as...
Persistent link: https://www.econbiz.de/10005862878
We develop a model with two asymmetric countries. Firms choose the number and the location of plants that they operate. The production of each firm increases when trade costs fall. The fall also induces multinationals to repatriate their production into a single country, which is likely to be...
Persistent link: https://www.econbiz.de/10012776607
welfare is adversely affected …
Persistent link: https://www.econbiz.de/10012779641
competitor. Any merger or acquisition (M&A) must be approved by a welfare maximizing domestic competition agency which may or may …
Persistent link: https://www.econbiz.de/10013316871
follow later. Finally, we work out some unexpected welfare implications which show that net industry profits can be lower in … an outsourcing equilibrium than in a regime of no outsourcing. Consumer welfare rises, and under fairly plausible …
Persistent link: https://www.econbiz.de/10014049472
The robust empirical finding that exporting firms are systematically different from firms thatmerely serve domestic consumers has inspired the development of a new brand of tradetheory, the theory of heterogeneous firms and trade. The establishment of a canonical modeldue to Melitz (2003) has...
Persistent link: https://www.econbiz.de/10009522197