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Value Added and Productivity Linkages Across Countries

de Soyres, François - 2016

What is the relationship between international trade and business cycle synchronization? Using data from OECD countries, I find that trade in intermediate inputs plays a significant role in synchronizing GDP fluctuations across countries while trade in final goods is found insignificant....

Persistent link: https://www.econbiz.de/10013370126

Infrastructure quality in deregulated industries: Is there an underinvestment problem

Buehler, Stefan; Schmutzler, Armin; Benz, Men-Andri - 2002

We investigate how various institutional settings affect a network provider's incentives to invest in infrastructure quality. Under reasonable assumptions on demand, investment incentives turn out to be smaller under vertical separation than under vertical integration, though we also provide...

Persistent link: https://www.econbiz.de/10010315603

Dynamic R&D networks

König, Michael D. - 2013

In this paper we analyze R&D collaboration networks in industries where firms are competitors in the product market … network structure. We provide a general characterization of both equilibrium networks and endogenous production choices, and …

Persistent link: https://www.econbiz.de/10010316852

Network formation with local complements and global substitutes: The case of R&D networks

Hsieh, Chih-sheng; König, Michael D.; Liu, Xiaodong - 2017

networks are consistent with empirically observed networks. We then use our equilibrium characterization to show that the model … can be conveniently estimated even for large networks. The policy relevance is demonstrated with examples of firm exit …, mergers and acquisitions and subsidies in the context of R&D collaboration networks. …

Persistent link: https://www.econbiz.de/10011663176

Warum "geniale" Ideen für wissenschaftlichen Erfolg nicht ausreichen - Überlegungen zur besonderen Ökonomik der Etablierungwissenschaftlicher Standards

Franck, Egon; Jungwirth, Carola - 2001

Which are the basic strategic options of young scientists in the process of scientific competition? Which are the basic structural conditions influencing the outcome of strategic actions? What strategic choices should be made depending on given structural conditions? In thispaper we approach...

Persistent link: https://www.econbiz.de/10005844442

How Does Quality Impact on Import Prices?

Benkovskis, Konstantins; Wörz, Julia - 2011

Understanding the dynamics of import price developments is an important but challenging issue which affects the way we look on consumers' welfare, real exchange rates and exchange rate pass-through. In this paper we propose an exact import price index which extends the approach by Broda and...

Persistent link: https://www.econbiz.de/10013370092

"Made in China" – How Does it Affect Measures of Competitiveness?

Benkovskis, Konstantins; Wörz, Julia - 2014

We propose a comprehensive analysis of a country's price and non-price competitiveness that accounts for changes in the value added content of trade by combining two datasets – highly disaggregated trade data from UN Comtrade with internationally integrated Supply and Use Tables from the WIOD...

Persistent link: https://www.econbiz.de/10013370110

The expansion of varieties in the new age of advertising

Baslandze, Salomé; Greenwood, Jeremy; Marto, Ricardo; … - 2023

The last decades have seen large improvements in digital advertising technology that allowed firms to better target specific consumer tastes. This research studies the relationship among digital advertising, the rise of varieties, and economic welfare. We develop a model of advertising and...

Persistent link: https://www.econbiz.de/10014388429

Switching costs, firm size, and market structure

Loertscher, Simon; Schneider, Yves - 2005

In many markets, homogenous goods and services are sold both by large global frms and small local frms. Surprisingly, the large frms charge, often substantially, higher prices. Examples include hotels, airlines, and coffee shops. This paper provides a parsimonious model that can account for...

Persistent link: https://www.econbiz.de/10010315515

Making sense of non-binding retail-price recommendations

Bühler, Stefan; Gärtner, Dennis L. - 2009

This paper provides a theoretical rationale for non-binding retail price recommendations (RPRs) in vertical supply relations. Analyzing a bilateral manufacturer-retailer relationship with repeated trade, we show that linear relational contracts can implement the surplusmaximizing outcome. If the...

Persistent link: https://www.econbiz.de/10010315607