Showing 1 - 10 of 2,115
integration choices of firms around the world …
Persistent link: https://www.econbiz.de/10013014670
When will a monopolist have incentives to foreclose a complementary market by degrading compatibility/interoperability of his products with those of rivals? We develop a framework where leveraging extracts more rents from the monopoly market by "restoring" second degree price discrimination. In...
Persistent link: https://www.econbiz.de/10013122878
Beginning in 2004, official statistics display a slowdown in U.S. productivity growth. We show how offshore profit shifting by U.S. multinational enterprises affects GDP and, thus, productivity measurement. Profit shifting increased in the mid- 1990s, resulting in lower measured productivity...
Persistent link: https://www.econbiz.de/10012958592
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
multi-product firms, offshoring, intra-firm trade and firm export market dynamics …
Persistent link: https://www.econbiz.de/10013118121
Assessing the productivity gains from multinational production has been a vital topic of economic research. Positive aggregate productivity gains are often attributed to within-firm productivity improvement; however, an alternative, less emphasized explanation is between-firm selection and...
Persistent link: https://www.econbiz.de/10013104061
motley assortment of regional trade agreements is not the best way to organise world trade. Moving to global duty-free trade … and uses it to structure a narrative of world trade liberalisation since 1947. The logic is then used to project the world … mechanism ndash; spaghetti bowls as building blocs ndash; whereby offshoring creates a force that encourages the …
Persistent link: https://www.econbiz.de/10012778295
perform in a world where offshoring is prevalent? In this paper we provide answers to these questions, and thereby initiate …The rise of offshoring of intermediate inputs raises important questions for commercial policy. Do the distinguishing … features of offshoring introduce novel reasons for trade policy intervention? Does offshoring create new problems of global …
Persistent link: https://www.econbiz.de/10012758452
offshoring in the short run and in the long run (when technology levels are endogenous). The short-run analysis shows that when … research efforts in response to increased offshoring. In particular, the rich country always gains from increased fragmentation …
Persistent link: https://www.econbiz.de/10012759968
Can a country gain international competitiveness by the design of optimal monetary stabilization rules? This paper reconsiders this question by specifying an open-economy monetary model encompassing a 'production relocation externality,' developed in trade theory to analyze the benefits from...
Persistent link: https://www.econbiz.de/10013077221