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host-country research and development effort in response to foreign competition, is one of three examining the impact of …
Persistent link: https://www.econbiz.de/10013224894
Firm numbers first rise, and then fall as the typical industry evolves. This nonmonotonicity in the number of producers is explained in this paper using a competitive model in which innovation opportunities induce firms to enter, but in which a firm's failure to implement new technology causes...
Persistent link: https://www.econbiz.de/10013246380
employment in the presence of foreign competition shocks. We exploit the fact that in a small open economy such as Canada the … by 0.19%. We use our estimates to trace the effects of foreign competition on the industry and firm-level sales and value …
Persistent link: https://www.econbiz.de/10013225950
industrial policies allocated to competitive sectors or that foster competition in a sector increase productivity growth. We … measure competition using the Lerner Index and include as industrial policies subsidies, tax holidays, loans, and tariffs …. Measures to foster competition include policies that are more dispersed across firms in a sector or measures that encourage …
Persistent link: https://www.econbiz.de/10013106960
competition between the two channels, the paper uses a two step approach. First, it fits hedonic regressions for the prices paid …
Persistent link: https://www.econbiz.de/10013231197
; they do not include the likely fee increases resulting from less competition among auditors. We calculate that the latter …
Persistent link: https://www.econbiz.de/10013078591
simple model is used to show that import competition may stimulate growth by reducing the market power of domestic innovators …. Specifically, import competition forces domestic innovators to chose between either quickening their pace of innovation or being … displaced by foreign innovators. The pro-growth effect of import competition is shown to be welfare-increasing. The paper …
Persistent link: https://www.econbiz.de/10013218724
It has long been believed that international competition forces domestic firms to behave more competitively. I term … industries to which the hypothesis is relevant, markups change in the direction predicted by the theory. These changes are …
Persistent link: https://www.econbiz.de/10013221306
While it is usually argued that direct and indirect taxes should be added for meaningful international comparisons of country competitiveness, this paper argues that the opposite may be true. It is possible that a country with a high value-added tax needs a high capital income tax to maintain...
Persistent link: https://www.econbiz.de/10013225412
This paper develops a model of a small open economy that produces an export good with domestic labour and imported energy and is stuck in an unemployment situation resulting from an excessive fixed net-of-tax wage rate. We study a revenue-neutral green tax reform that substitutes energy for wage...
Persistent link: https://www.econbiz.de/10013225566