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Horizontal mergers, involuntary unemployment, and welfare
Budzinski, Oliver; Budzinski, Jürgen-Peter - 2009
Standard welfare analysis of horizontal mergers usually refers to two effects: the anticompetitive market power effect reduces welfare by enabling firms to charge prices above marginal costs, whereas the procompetitive efficiency effect increases welfare by reducing the costs of production...
Persistent link: https://www.econbiz.de/10003836388
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The long Italian stagnation and the welfare effects of outsourcing
Zotti, Jacopo - 2015
economy has become highly integrated, and foreign outsourcing has become a standard practice for firms. While trade theory …
Persistent link: https://www.econbiz.de/10011438940
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International technology diffusion : a gravity approach
Santacreu, Ana Maria - 2020 - This version: January 2, 2020
We derive a theory-based gravity-type equation that determines the main drivers of international technology diffusion under perfect enforcement of intellectual property rights. We estimate the gravity equation using bilateral royalty payments data for a sample of 53 countries and the period...
Persistent link: https://www.econbiz.de/10012138840
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Transboundary pollution, R&D spillovers and international trade
Ben Youssef, Slim - 2003
&D externality implying a decrease of the social welfare. Opening markets to the international trade leads to more investment in R …
Persistent link: https://www.econbiz.de/10011591106
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Firms and economic performance : a view from trade
Bonfiglioli, Alessandra; Crinò, Rosario; Gancia, Gino … - 2018 - This draft: November 2018
We use transaction-level US import data to compare firms from virtually all countries in the world competing in a single destination market. Guided by a simple theoretical framework, we decompose countries' market shares into the contribution of the number of firm-products, their average...
Persistent link: https://www.econbiz.de/10011933430
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Entry on export markets and firm-level performance growth : intra-industrial convergence or divergence?
Mayneris, Florian - 2010
This paper investigates theoretically and empirically the endogenous investment decision of firms conditioning on export decision. It shows that theoretically, whatever the form of preferences, firms that start exporting invest more and grow more than the others. However, it is shown that when...
Persistent link: https://www.econbiz.de/10008749631
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International sourcing, product complexity and intellectual property rights
Naghavi, Alireza; Spies, Julia; Toubal, Farid - 2011
between intra-firm trade and outsourcing given heterogeneity at the product- (complexity), firm- (productivity) and country … firms face a trade-off between higher marginal costs in the case of trade with an affiliate and higher imitation risks in …
Persistent link: https://www.econbiz.de/10009376050
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Multiproduct multinationals and the quality of innovation
Bakhtiari, Sasan; Minniti, Antonio; Naghavi, Alireza - 2013
This research sheds light on the role of product scope on the innovation activity of multinational multi-product firms. We use patent citation data to break down innovation into two types by measuring the degree to which innovation performed by firms is fundamental and the extent to which the...
Persistent link: https://www.econbiz.de/10010189433
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The pollution haven hypothesis : a geographic economy model in a comparative study
Zugravu, Natalia; Kheder, Sonia Ben - 2008
Although based on theoretical foundations, the pollution haven hypothesis has never been clearly proven empirically. In this study, we re-examine this hypothesis by a fresh take on both its theoretical and empirical aspects. While applying a geographic economy model on French firm-level data, we...
Persistent link: https://www.econbiz.de/10008796289
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Trade complexity and productivity
Békés, Gábor; Altomonte, Carlo - 2009
We exploit a panel dataset of Hungarian firms merged with product-level trade data for the period 1992-2003 to …-selection effects of the most productive firms induced by the existence of heterogeneous sunk costs of trade, for both importers and … exporters. We relate these sunk costs of trade to the relationship-specific nature of the trade activities, entailing a certain …
Persistent link: https://www.econbiz.de/10008821877