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Krishna, Kala - 2021

This paper analyzes the role of network externalities and expectations about them in the formulation of trade policy. Their effects are studied in duopoly situations when products are compatible and when they are incompatible and when multimarket effects are possible. Network externalities and...

Persistent link: https://www.econbiz.de/10013222979

Does Foreign Entry Spur Innovation?

Gorodnichenko, Yuriy - 2015

Using large firm-level and industry-level data sets from eighteen countries, we find that foreign direct investment (FDI) and trade have positive spillover effects on product and technology innovation by domestic firms in emerging markets. The FDI effect is more pronounced for firms from...

Persistent link: https://www.econbiz.de/10013015978

Patent Pools and the Direction of Innovation - Evidence from the 19th-Century Sewing Machine Industry

Lampe, Ryan - 2014

Patent pools allow a group of firms to combine their patents as if they were a single firm. Theoretical models predict …

Persistent link: https://www.econbiz.de/10013067179

Do Patent Pools Encourage Innovation? Evidence from the 19th-Century Sewing Machine Industry

Lampe, Ryan - 2014

Members of a patent pool agree to use a set of patents as if they were jointly owned by all members and license them as … the first patent pool in U.S. history, the Sewing Machine Combination (1856-1877) to perform the first empirical test of … the effects of a patent pool on innovation. Contrary to theoretical predictions, the sewing machine pool appears to have …

Persistent link: https://www.econbiz.de/10013071102

Cooperative Marketing Agreements between Competitors : Evidence from Patent Pools

Tirole, Jean - 2014

paper empirically examines one such institution: the patent pool. The analysis highlights five findings consistent with the … overlapping patent holdings; and (e) during the most recent era, when an intense awareness of antitrust concerns precluded many … competition-harming patent pools, more important patents were selected for pools and patents selected for pools were subsequently …

Persistent link: https://www.econbiz.de/10012752731

Quantifying International Production Sharing at the Bilateral and Sector Levels

Wang, Zhi - 2013

This paper generalizes the gross exports accounting framework, initially proposed by Koopman, Wang, and Wei (2014) for a country's aggregate exports, to one at the sector, bilateral, and bilateral-sector levels. Such a generalization requires a conceptual distinction between value added exports...

Persistent link: https://www.econbiz.de/10013072571

Currency Unions and Trade : A Post-Emu Mea Culpa

Glick, Reuven - 2015

In our European Economic Review (2002) paper, we used pre-1998 data on countries participating in and leaving currency unions to estimate the effect of currency unions on trade using (then-) conventional gravity models. In this paper, we use a variety of empirical gravity models to estimate the...

Persistent link: https://www.econbiz.de/10013015976

Winners and Losers in International Trade : The Effects on U.S. Presidential Voting

Jensen, J. Bradford - 2016

This paper studies how international trade influences U.S. presidential elections. We expect the positive employment effects of expanding exports to increase support for the incumbent's party, and job insecurity from import competition to diminish such support. Our national-level models show for...

Persistent link: https://www.econbiz.de/10013001193

The Intensive Margin in Trade

Fernandes, Ana M. - 2018

The Melitz model highlights the importance of the extensive margin (the number of firms exporting) for trade flows. Using the World Bank's Exporter Dynamics Database (EDD) featuring firm-level exports from 50 countries, we find that around 50% of variation in exports is along the extensive...

Persistent link: https://www.econbiz.de/10012908824

Sizing Up Market Failures in Export Pioneering Activities

Wei, Shang-Jin - 2017

context of international trade. An influential hypothesis states that export pioneers are too few relative to social optimum …

Persistent link: https://www.econbiz.de/10012946038

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