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Trade, Imitative Ability And Intellectual Property Rights
Economic theory suggests some ambiguity concerning the effects of strengthening Intellectual Property Rights IPRs on international trade. Here the empirical literature is extended that attempts to resolve this ambiguity. Panel data is used to estimate a gravity equation for manufacturing exports, in aggregate and by industry, from five advanced countries...
The Extent Of Single Sourcing And Attendant Corruption Risk In Defence Procurement: A First Look
Single-source, or noncompetitive, defence procurement is a widespread phenomenon that is prevalent in both developing countries and in advanced arms exporting countries. The usual competitive bidding process - which assists in both value-for-money evaluation and in lowering corruption risk is often circumvented with regards to defence. Whilst there can...
Modelling The Productivity Distribution Of Foreign And Domestic Firms In The UK
The aim of this paper is to model the impact of R&D spending on the entire productivity distribution. This is relevant since a vast empirical literature has ascertained that firms are greatly heterogeneous with respect to productivity even in narrowly defined industries. Therefore it is important to investigate how R&D...
The Extent Of Single Sourcing And Attendant Corruption Risk
Single-source, or noncompetitive, defence procurement is a widespread phenomenon that is prevalent in both developing countries and in advanced arms exporting countries. The usual competitive bidding process - which assists in both value-for-money evaluation and in lowering corruption risk is often circumvented with regards to defence. Whilst there can...
On The Welfare Effects Of Productivity Catch-Up By Laggard Firms
The substantial within-industry variation in firm productivity typically observed in the data suggests that there is ample scope for productivity catch-up by laggard firms. We analyse the normative effects of such catch-up. In the short run, where firms' process technologies are fixed, catch-up can reduce social welfare if the initial...
Productivity Effects Of International Outsourcing: Evidence From Plant Level Data
We investigate the impact of international outsourcing on productivity using plant level data for Irish manufacturing. Specifically, we distinguish the effect of outsourcing of materials from services inputs. Moreover, we examine whether the impact on productivity is different for plants being more embedded in international markets through exporting or being...
Acquisition FDI And The Export Intensity Of Multinational Firms
This paper investigates the impact of acquisition FDI Foreign Direct Investment on exporting intensity in U.K manufacturing. A quasi-likelihood estimation method is used, and the empirical estimates point to the following conclusions: UK firms with higher exporting intensity are more likely to be foreign takeover targets; US acquired firms increase...
Labour Demand Effects Of International Outsourcing: Evidence From Plant Level Data
We examine empirically the effect of international outsourcing on labour demand at the level of the individual plant. We do so by estimating a dynamic model of plant level labour demand, using a Generalised Method of Moments estimator. We use plant level data for the Irish Electronics sector, an industry...
Foreign Direct Investment Under R&D Competition
We consider the preferences of a foreign firm and a welfare maximizing host country government for foreign direct investment through direct entry and acquisition in presence of innovation by the firms. We find that relatively superior technology is always used under acquisition. Though profits are higher under acquisition, consumers are...
Evaluating The Causal Effects Of Foreign Acquisition On Domestic Skilled And Unskilled Wages
This paper investigates the effects of the takeover of a domestic establishment by foreign owners on the domestic target's development of wages for skilled and unskilled workers. We pay particular attention to identifying the causal effect, using a propensity score matching approach combined with a difference-in-differences estimator, and differences in...
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