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Return of the Solow Paradox? It, Productivity, and Employment in U.S. Manufacturing
Acemoglu, Daron - 2014
An increasingly influential "technological-discontinuity" paradigm suggests that IT-induced technological changes are rapidly raising productivity while making workers redundant. This paper explores the evidence for this view among the IT-using U.S. manufacturing industries. There is some...
Persistent link: https://www.econbiz.de/10013060261
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Did Computer Technology Diffuse Quickly? : Best and Average Practice in Mainframe Computers, 1968-1983
Greenstein, Shane M. - 2021
An economy benefits from advances in technical frontiers only when new technology comes into general use. This paper measures the diffusion of computing equipment at a time when computing technology underwent dramatic technical improvement. These data shed light on the long lag between advances...
Persistent link: https://www.econbiz.de/10013212890
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No Place Like Home : Tax Incentives and the Location of R&D by American Multinationals
Hines Jr., James R. - 2022
This paper analyzes the effects of the U.S. tax treatment of the R&D activities of American multinationals. Recent evidence indicates that the level of R&D spending is highly sensitive to its after-tax cost. The U.S. Tax Reform Act of 1986 reduced the tax deductions that many American firms can...
Persistent link: https://www.econbiz.de/10014074098
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Margins of Multinational Labor Substitution
Muendler, Marc-Andreas; Becker, Sascha O. - 2021
Employment at multinational enterprises (MNEs) responds to wages at the extensive margin, when an MNE enters a foreign location, and at the intensive margin, when an MNE operates existing affiliates. We present an MNE model and conditions for parametric and nonparametric identification. Prior...
Persistent link: https://www.econbiz.de/10013227778
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The it Revolution and the Globalization of R&D
Branstetter, Lee - 2018
Since the 1990s, R&D has become less geographically concentrated, and has seen especially fast growth in emerging markets. One of the distinguishing features of the R&D globalization phenomenon is its concentration within the software/IT domain; the increase in foreign R&D has been largely...
Persistent link: https://www.econbiz.de/10012916620
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Heterogeneity and the Dynamics of Technology Adoption
Ryan, Stephen P - 2014
We estimate the demand for a videocalling technology in the presence of both network effects and heterogeneity. Using a unique dataset from a large multinational firm, we pose and estimate a fully dynamic model of technology adoption. We propose a novel identification strategy based on...
Persistent link: https://www.econbiz.de/10013067628
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Tax Reform, Delocation and Heterogeneous Firms
Baldwin, Richard - 2010
The standard international tax model is extended to allow for heterogeneous firms when agglomeration forces are …
Persistent link: https://www.econbiz.de/10013152382
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The Use of Tax Havens in Exemption Regimes
Gumpert, Anna - 2011
This paper analyzes the tax haven investment behavior of multinational firms from a country that exempts foreign income from taxation. High foreign tax rates generally encourage firms to invest in tax havens, though significant costs of reallocating taxable income dampen these incentives. The...
Persistent link: https://www.econbiz.de/10013117565
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Grossman-Hart (1986) Goes Global : Incomplete Contracts, Property Rights, and the International Organization of Production
Antras, Pol - 2011
I survey the influence of Grossman and Hart's (1986) seminal paper in the field of International Trade. I discuss the … implementation of the theory in open-economy environments and its implications for the international organization of production and … the structure of international trade flows. I also review empirical work suggestive of the empirical relevance of the …
Persistent link: https://www.econbiz.de/10013119953
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The Impact of Headquarter and Subsidiary Locations on Multinationals' Effective Tax Rates
Markle, Kevin - 2013
, despite extensive investments in international tax avoidance, multinationals headquartered in Japan, the U.S., and some high … international tax policy debates and expand scholars' understanding about the taxation of multinationals …
Persistent link: https://www.econbiz.de/10013073195