Showing 1 - 10 of 204
We augment the canonical neoclassical model of trade to allow for interstate disputes over land, oil, water, or other … resources. The costs of such disputes in terms of arming depend on the trade regime in place. Under either autarky or free trade …, the larger country (in terms of factor endowments) need not to be more powerful. Yet, under free trade, there is a …
Persistent link: https://www.econbiz.de/10004979423
CEPA will eliminate tariff on goods that account for 94% of their two way trade over ten years and will boost bilateral … trade and investment. Indian exports which were subject to rigid standards will find it easier to enter Japanese markets. On … expected for both the countries compared to BAU 2020. A fair amount of trade creation within these two countries is expected to …
Persistent link: https://www.econbiz.de/10010732348
learning while the world population of speakers of the native language generally discourages it. Trade with speakers of a … language discourages learning of the specific language. Trade is highly significant and may well deserve more emphasis than the …
Persistent link: https://www.econbiz.de/10010877676
This paper studies how learning from neighboring firms affects new exporters’ performance and dynamics. We develop a statistical decision model in which a firm updates its prior belief about demand of a foreign market based on the number of neighbors currently selling there, the level and...
Persistent link: https://www.econbiz.de/10010752433
-affiliated firms differentially changed their input sourcing this paper uses Chinese product trade data for 1997 to 2009 which report … trade transactions by firm ownership type. Compared with import transactions for other firms, the data show that foreign … quantities on the extensive margin. While China’s content-based auto import trade policy was repealed in 2009 after China lost …
Persistent link: https://www.econbiz.de/10009351469
countries with BITs is roughly as large as the number of country-pairs that belong to bilateral or regional preferential trade … model of world trade and foreign direct investment with three factors, two products, and explicit natural as well as policy … trade and investment costs among multiple countries in the presence of national and multinational firms. The empirical model …
Persistent link: https://www.econbiz.de/10009150650
We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are more likely to be sold (or licensed) to an incumbent due to strategic product market effects on the sales price. Such preemptive acquisitions by incumbents are shown to stimulate...
Persistent link: https://www.econbiz.de/10010877893
We study the role of information exchange, leadership and coordination in team or partnership structures. For this purpose, we view individuals jointly engaging in productive processes—a ‘team’—as endowed with individual and privately held information on the joint production process....
Persistent link: https://www.econbiz.de/10010812489
Attracting attention is a basic feature of economic life but no standard economic problem. A new theoretical model is developed which describes the general structure of competition for attention and characterizes equilibria. The exogenous fundamentals of an attention economy are the space of...
Persistent link: https://www.econbiz.de/10005406141
This paper analyzes patent pools and their effects on innovation incentives. It is shown that the pro-competitive effects of patent pools for complementary patents naturally extend for dynamic innovation incentives. However, this simple conclusion may not hold if we entertain the possibility...
Persistent link: https://www.econbiz.de/10010701092