Showing 1 - 10 of 138
assume higher fixed costs under outsourcing and a firm-specific production function. We use detailed French firm-level data …
Persistent link: https://www.econbiz.de/10011071334
This paper studies the optimal allocation of decision rights between an uninformed principal and an informed agent when interdependent activities need to be adapted to local conditions. While the principal cares only about overall profits the agent may favor higher, or lower, levels for each...
Persistent link: https://www.econbiz.de/10011126084
This paper examines the determinants of intra-firm trade in U.S. imports using detailed countryproductdata. We create a new measure of product contractibility based on the degree ofintermediation in international trade for the product. We find important roles for the interaction ofcountry and...
Persistent link: https://www.econbiz.de/10010746596
This paper studies the role of intrinsic motivation, reputation, and reciprocity in driving open source software innovation. Unlike previous literature based on survey data, we exploit the observed pattern of contributions - the .revealed preference. of developers - to infer the underlying...
Persistent link: https://www.econbiz.de/10010745268
How well does the theory of the firm explain the choice between intrafirm and arms' length trade? This paper uses firm-level import data from France to look into this question. We find support for three key predictions of property-rights theories of the multinational firm. Intrafirm imports are...
Persistent link: https://www.econbiz.de/10011125894
outsourcing in export processing trade. We exploit the coexistence of two regulatory export processing regimes in China, which …
Persistent link: https://www.econbiz.de/10011071204
This paper investigates the economic impact of the government's proposed new UK R&D tax credit. We measure the benefit of the credit by the effect on value added in the short and long_run. This is simulated from existing econometric estimates of the tax_price elasticity of R&D and the effect of...
Persistent link: https://www.econbiz.de/10010928789
evidence on media markets, knowledge transmission, and city growth across Europe 1450-1600. The paper construct- s …-level supply induced by heterogeneous manager deaths is used to identify the impact of print media on city-level population growth …. Local access to printed merchants' manuals used in business education was particularly associated with growth. New micro …
Persistent link: https://www.econbiz.de/10010745227
predicated via three sub-chains (i) from marketization to growth, (ii) from growth to overall material development welfare and … (iii) from material development to social welfare and democracy. We examine each of these sub-links in detail with a view …
Persistent link: https://www.econbiz.de/10011126279
This paper studies employer recruitment and selection of job applicants when productivity is match-specific. Job-seekers have private, noisy assessments of their match value and the firm performs noisy interviews. Job-seekers' willingness to undergo a costly hiring process will depend both on...
Persistent link: https://www.econbiz.de/10011125965