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International Joint Ventures and Internal vs. External Technology Transfer : Evidence from China
Jiang, Kun - 2018
We study the economics of international joint ventures with administrative data for China exploiting the change in … foreign direct investment policy as China entered the WTO in the year 2002. Accounting for a quarter of all international …). As China has dropped joint venture requirements and shifted towards wholly foreign-owned FDI as part of becoming a member …
Persistent link: https://www.econbiz.de/10012922982
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Local Protectionism, Market Structure, and Social Welfare : China's Automobile Market
Barwick, Panle Jia - 2017
While China has made great strides in transforming its centrally-planned economy to a market-oriented economy, there … competition and social welfare in the context of China's automobile market. This market exhibits a salient feature that vehicle …
Persistent link: https://www.econbiz.de/10012949439
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International Joint Ventures and the Boundaries of the Firm
Desai, Mihir A.; Foley, C. Fritz; Hines Jr., James R. - 2021
This paper analyzes the determinants of partial ownership of the foreign affiliates of U.S. multinational firms and, in particular, why partial ownership has declined markedly over the last 20 years. The evidence indicates that whole ownership is most common when firms coordinate integrated...
Persistent link: https://www.econbiz.de/10013225937
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R&D Sourcing, Joint Ventures and Innovation : A Multiple Indicators Approach
Adams, James D.; Marcu, Mircea - 2021
This paper reexamines the limits of the firm in Research and Development (R&D). Using evidence drawn from industrial laboratories we study the causes and effects of R&D sourcing. We begin with the causes of sourcing, finding that Research Joint Ventures (RJVs), the option to purchase and...
Persistent link: https://www.econbiz.de/10013247215
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Why Do Multinational Firms Seek Out Joint Ventures?
Blomstrom, Magnus; Zejan, Mario - 2021
This paper uses a model of dichotomous choice to distinguish the characteristics of Swedish multinational firms that seek out joint ventures from those that do not. The findings suggest that firms with little experience of foreign production and highly diversified product lines are the most...
Persistent link: https://www.econbiz.de/10013244752
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Technology Transfer and Spillovers? Does Local Participation with Multinationals Matter?
Blomstrom, Magnus; Sjoholm, Fredrik - 2021
This paper examines the effects on technology transfer and spillovers deriving from ownership sharing of foreign multinational affiliates. More specifically, we try to answer two questions, using unpublished Indonesian micro data. Firstly, do establishments with minority and majority ownership...
Persistent link: https://www.econbiz.de/10013246990
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Universities, Joint Ventures, and Success in the Advanced Technology Program
Darby, Michael R. - 2013
America's most innovative firms participate in the U.S. Commerce Department's Advanced Technology Program (ATP) those that participated at least once accounted for over 40 percent of U.S. patents to U.S. entities during 1988-1996. Many firms are repeat participants. ATP participation has...
Persistent link: https://www.econbiz.de/10012754647
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Property Rights, Land Misallocation and Agricultural Efficiency in China
Chari, A.V. - 2017
This paper examines the impact of a property rights reform in rural China that allowed farmers to lease out their land …
Persistent link: https://www.econbiz.de/10012941473
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Regression Discontinuity Designs with an Endogenous Forcing Variable and an Application to Contracting in Health Care
Bajari, Patrick - 2011
Regression discontinuity designs (RDDs) are a popular method to estimate treatment effects. However, RDDs may fail to yield consistent estimates if the forcing variable can be manipulated by the agent. In this paper, we examine one interesting set of economic models with such a feature....
Persistent link: https://www.econbiz.de/10013117577
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Coercive Contract Enforcement : Law and the Labor Market in 19th Century Industrial Britain
Naidu, Suresh - 2011
British Master and Servant law made employee contract breach a criminal offense until 1875. We develop a contracting … model generating equilibrium contract breach and prosecutions, then exploit exogenous changes in output prices to examine … prosecutions, and wages responded more to labor demand shocks. Coercive contract enforcement was applied in industrial Britain …
Persistent link: https://www.econbiz.de/10013124857