which Northern innovation, Southern imitation, and FDI are all endogenous. Our model predicts that IPR reform in the South … leads to increased FDI in the North, as Northern firms shift production to Southern affiliates. This FDI accelerates … Southern industrial development. The South's share of global manufacturing and the pace at which production of recently …

This paper documents the increasing importance of software for successful innovation in manufacturing sectors well …

stage pharmaceutical innovation? We explore this question using novel data sources and an empirical framework that models … implications of our results for long-run welfare, policy, and innovation …

Despite the rapid expansion of U.S.-China trade ties, the increase in U.S. FDI in China, and the expanding amount of ….S. multinationals in China. In this paper, we seek to correct four common misunderstandings by providing a statistical portrait of …

As China has become an increasingly important part of the global trading system over the past two decades, interest in … the country and its international economic policies has increased among international economists who are not China … economists who are exploring China-related issues, either in the classroom or in their own research …

Since 2005, the Chinese government has engaged in an ambitious effort to move China's energy system away from coal and … towards more environmentally friendly sources of energy. However, China's investment in coal power has accelerated sharply in …. In this paper, we ask why China engaged in such a pronounced investment boom in coal power in the mid-2010s. We find the …