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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/10011742945
, 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/10011374297
strategically linked via the incentive compatibility constraint. Importantly, trade costs affect cartel shipments and welfare not …
Persistent link: https://www.econbiz.de/10011781965
(PTAs) and show that the indirect effects can give rise to trade diversion. We also characterize the welfare effects of … persistent finding is that, in the absence of appropriate regulation, preferential trade liberalization can be welfare …
Persistent link: https://www.econbiz.de/10012287796
We study the gains from trade in an economy with oligopolistic competition, firm heterogeneity, and innovation … domestic sales. Thus the overall effect of trade on markups is pro-competitive and a key source of the associated welfare gains …. In addition to markups, selection and innovation provide additional channels through which the trade-induced effect on …
Persistent link: https://www.econbiz.de/10011750054
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/10009764430
We study the gains from trade in a model with oligopolistic competition, heterogeneous firms and innovation, and … provide a formula to decompose the mechanism. The new insight we provide is that market concentration can be a welfare … increases welfare via productivity improvements. In the calibrated version of the model we show that a trade-induced increase in …
Persistent link: https://www.econbiz.de/10012507344
This research sheds light on the role of product scope on the innovation activity of multinational multi-product firms …. We use patent citation data to break down innovation into two types by measuring the degree to which innovation performed … focus on two features in multinational production: (i) fundamental innovation is geographically more difficult to transfer …
Persistent link: https://www.econbiz.de/10011731013
This research sheds light on the role of product scope on the innovation activity of multinational multi-product firms …. We use patent citation data to break down innovation into two types by measuring the degree to which innovation performed … focus on two features in multinational production: (i) fundamental innovation is geographically more difficult to transfer …
Persistent link: https://www.econbiz.de/10010189433
in process R&D. The novelty is that if a firm invests more R&D its expected innovation return hazard rate stochastically …
Persistent link: https://www.econbiz.de/10010257306