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We study ex post outsourcing of production in an imperfectly discriminating contest, interpreted here as a research … increases competition between the contestants, leading to higher total contest effort, unless the ex-post bargaining strength of … stronger competition. …
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This paper develops an oligopolistic model of international trade with heterogeneous firms and endogenous R&D to examine how trade liberalization affects firm and industry productivity, as well as social welfare. We identify four effects of trade liberalization on productivity: (i) a direct...
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