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The distributional consequences of intra-industry trade are well documented in the literature, yet exporting firms shape trade policy in their favor. How? I argue that exporters expect higher returns from lobbying when they face more intense import competition. I introduce a model of...
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This paper analyzes the debate over the international dissemination of data exclusivity as a form of protection for clinical trial data. This is a critical demand for pharmaceutical companies seeking larger market shares and longer periods of monopoly in order to recover investments in research...
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This paper investigates the role of patent protection in the global investment decisions of multinational firms. Using comprehensive firm-level panel data of German multinationals, we investigate how changes in a host country’s patent protection influence the extensive and intensive margin of...
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