Showing 11 - 20 of 44
Persistent link: https://www.econbiz.de/10012818319
We evaluate manufacturing firms' responses to changes in the real exchange rate (RER) using detailed firm-level data for a large set of countries for the period 2001-2010. We uncover the following stylized facts about regional variation of manufacturing firms' integration into global value...
Persistent link: https://www.econbiz.de/10012918619
We develop an incomplete-contracts model to jointly study firm boundaries and the al-location of decision rights within them. Integration has an option value: it gives firm owners authority to delegate or centralize decision rights, depending on who can best solve problems that may arise in the...
Persistent link: https://www.econbiz.de/10012919310
We investigate how firms adapt to trademark protection, an extensively used but underexamined form of IP protection, by exploring a historical precedent: China’s trademark law of 1923 - an unanticipated and disapproved response to end foreign privileges in China. By exploiting a unique, newly...
Persistent link: https://www.econbiz.de/10012806652
Little is known theoretically, and even less empirically, about the relationship between firm boundaries and the allocation of decision rights within firms. We develop a model in which firms choose which suppliers to integrate and whether to delegate decisions to integrated suppliers. We test...
Persistent link: https://www.econbiz.de/10013315416
What is the relationship between product prices and vertical integration? While the literature has focused on how integration affects prices, this paper provides evidence that prices can affect integration. Many theories in organizational economics and industrial organization posit that...
Persistent link: https://www.econbiz.de/10012462538
Persistent link: https://www.econbiz.de/10011630934
Persistent link: https://www.econbiz.de/10012065310
Persistent link: https://www.econbiz.de/10012109155
Persistent link: https://www.econbiz.de/10011916475