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This paper explores the effect of natural resource dependence on market concentration of imports. Using a new panel database for importing firms in developing and emerging market economies, the paper shows that higher natural resource dependence is associated with larger market concentration of...
Persistent link: https://www.econbiz.de/10012603189
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
A bilateral danger of underperformance exists when two parties sink investments with payoffs dependent on the behavior of the other. There are five general categories of defense against that danger: (1) Legal action against a misbehaving co-investor; (2) Reliance on a reputation for...
Persistent link: https://www.econbiz.de/10012755127
intuition is that extensive impersonal exchange requires reliable memory of trading partners' past behavior to sustain trust and …
Persistent link: https://www.econbiz.de/10012709341
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/10013306852
This paper provides a unified theory to explain the onset of the financial crisis in 1998 and the striking economic … recovery in Russia and the former Soviet Union afterwards. Before the crisis, the banking sector in these economies was stuck … collapse of the treasury bills market in Russia in the financial crisis of 1998 reversed this process and thus acted as a …
Persistent link: https://www.econbiz.de/10010440962
Wirtschaftswissenschaftler aus Rußland, Kasachstan, Großbritannien und Deutschland Aufsätze zu dem Thema "Die Schuldenkrise in Rußland und …
Persistent link: https://www.econbiz.de/10013360767
This paper examines how trade credit demand and supply are determined in Korea, where large business groups are dominant in most of the segments and hierarchies of many industries. In particular, we investigate the effects of business group affiliation on trade credit financing, finding that a...
Persistent link: https://www.econbiz.de/10012831583
Persistent link: https://www.econbiz.de/10013488530
Persistent link: https://www.econbiz.de/10013490888