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intellectual property rights and of offshoring costs on the rate of innovation and on the offshoring intensity. In chapter 4 I …
Persistent link: https://www.econbiz.de/10010889981
shaping the aggregate welfare gains from trade. We introduce ?firm heterogeneity into an innovation-driven growth model where … increase their innovation efforts; thirdly, it increases the degree of product market competition. In this paper, we propose a … incumbent fi?rms operating in oligopolistic industries perform cost-reducing innovation. In this environment, trade …
Persistent link: https://www.econbiz.de/10010698138
improve the business conditions in one country have negative productivity and welfare effects on the trading partner. Second …
Persistent link: https://www.econbiz.de/10008788688
, countrywide profits, and welfare. Firms face resource constraints and wages are simultaneously determined. Relative to free trade … technology. Domestic welfare is unambiguously penalized. Hence, the general-equilibrium cross-sector perspective goes against the …
Persistent link: https://www.econbiz.de/10010856776
This paper studies how cross-sector strategic trade policy affects wages, country-wide profits, and welfare. I develop …. Consequences on income distributions are derived. Domestic social welfare is unambiguously penalized, suggesting political …
Persistent link: https://www.econbiz.de/10011109862
, which is often observed in reality, plays a critical role in welfare consequences and policy implications of quality …
Persistent link: https://www.econbiz.de/10010618299
firms' incentive to innovate and social welfare. In this framework, exporting firms invest in R&D to reduce their production … government aims to maximize the social welfare. We consider different settings of firm competition to explore their strategic … market is always welfare enhancing and, in most cases, leads to higher export sales and R&D investments of firms, and raises …
Persistent link: https://www.econbiz.de/10010754715
firms' incentive to innovate and social welfare. In this framework, exporting firms invest in R&D to reduce their production … government aims to maximize the social welfare. We consider different settings of firm competition to explore their strategic … market always increases firms' output sales and social welfare and, in most cases, leads to higher R&D investments and …
Persistent link: https://www.econbiz.de/10011184303
benchmark model, Northern firms engage in innovation based on the local knowledge stock and learning-by-doing (LBD), and a share … multinationalization rate. We extend the model to permit Southern innovation based on the amount of local knowledge and LBD. Because … Southern firms have higher innovation costs, this generates inefficient specialization in both regions and reduces global …
Persistent link: https://www.econbiz.de/10011124051
enforcement of IPR yields a higher level of innovation and global welfare only if the developing country does not innovate. A … own innovation. The analysis predicts that the willingness to enforce IPR is U-shaped in a country GDP: small …
Persistent link: https://www.econbiz.de/10010670798