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ASSET DIVERSIFICATION VERSUS CLIMATE ACTION 资产多样化与气候行动
IF 1.5 3区 经济学
International Economic Review Pub Date : 2024-03-03 DOI: 10.1111/iere.12691
Christoph Hambel, Holger Kraft, Frederick van der Ploeg
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引用次数: 0
ENTRY BARRIERS AND GROWTH: THE ROLE OF ENDOGENOUS MARKET STRUCTURE 进入壁垒与增长：内生市场结构的作用
IF 1.5 3区 经济学
International Economic Review Pub Date : 2024-03-01 DOI: 10.1111/iere.12695
Helu Jiang, Yu Zheng, Lijun Zhu
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引用次数: 0
DO STRONGER PATENTS LEAD TO FASTER INNOVATION? THE EFFECT OF CLUSTERED SEARCH 更强大的专利会带来更快的创新吗？集群检索的影响
IF 1.5 3区 经济学
International Economic Review Pub Date : 2024-02-21 DOI: 10.1111/iere.12688
Kaustav Das, Nicolas Klein
{"title":"DO STRONGER PATENTS LEAD TO FASTER INNOVATION? THE EFFECT OF CLUSTERED SEARCH","authors":"Kaustav Das,&nbsp;Nicolas Klein","doi":"10.1111/iere.12688","DOIUrl":"10.1111/iere.12688","url":null,"abstract":"<p>We analyze a patent race between two firms choosing between an <i>established</i> and an <i>innovative</i> method. The unique Markov-perfect equilibrium coincides with the cartel solution if and only if firms have the same ability of leveraging a good innovative method or there is no patent protection. Otherwise, equilibrium efforts are clustered too much in the innovative method, as compared to the cartel benchmark. The expected time to a breakthrough is minimized at an interior patent strength. Thus, a decrease in R&amp;D productivity can go hand-in-hand with a concentration of research efforts in riskier areas and stronger patent protections.</p>","PeriodicalId":48302,"journal":{"name":"International Economic Review","volume":"65 2","pages":"915-954"},"PeriodicalIF":1.5,"publicationDate":"2024-02-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139954965","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The International Economic Review 2023 Referees 国际经济评论》2023 年
IF 1.5 3区 经济学
International Economic Review Pub Date : 2024-02-21 DOI: 10.1111/iere.12687
{"title":"The International Economic Review 2023 Referees","authors":"","doi":"10.1111/iere.12687","DOIUrl":"https://doi.org/10.1111/iere.12687","url":null,"abstract":"","PeriodicalId":48302,"journal":{"name":"International Economic Review","volume":"65 1","pages":"583-588"},"PeriodicalIF":1.5,"publicationDate":"2024-02-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139937231","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
ISSUE INFORMATION - JIP 发行信息 - JIP
IF 1.5 3区 经济学
International Economic Review Pub Date : 2024-02-21 DOI: 10.1111/iere.12642
{"title":"ISSUE INFORMATION - JIP","authors":"","doi":"10.1111/iere.12642","DOIUrl":"https://doi.org/10.1111/iere.12642","url":null,"abstract":"","PeriodicalId":48302,"journal":{"name":"International Economic Review","volume":"65 1","pages":"1-2"},"PeriodicalIF":1.5,"publicationDate":"2024-02-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/iere.12642","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139937232","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
KILLER ACQUISITIONS AND BEYOND: POLICY EFFECTS ON INNOVATION STRATEGIES 杀手收购及其他：政策对创新战略的影响
IF 1.5 3区 经济学
International Economic Review Pub Date : 2024-02-20 DOI: 10.1111/iere.12689
Igor Letina, Armin Schmutzler, Regina Seibel
{"title":"KILLER ACQUISITIONS AND BEYOND: POLICY EFFECTS ON INNOVATION STRATEGIES","authors":"Igor Letina,&nbsp;Armin Schmutzler,&nbsp;Regina Seibel","doi":"10.1111/iere.12689","DOIUrl":"10.1111/iere.12689","url":null,"abstract":"<p>This article provides a theory of strategic innovation project choice by incumbents and start-ups which serves as a foundation for the analysis of acquisition policy. We show that, in spite of countervailing incentives on incumbents and entrants, prohibiting acquisitions has a weakly negative overall innovation effect. We provide conditions determining the size of the effect and conditions under which it is zero. We further analyze the effects of less restrictive policies, including merger remedies and the tax treatment of acquisitions and initial public offerings. Such interventions tend to prevent acquisitions only if the entrant has sufficiently high stand-alone profits.</p>","PeriodicalId":48302,"journal":{"name":"International Economic Review","volume":"65 2","pages":"591-622"},"PeriodicalIF":1.5,"publicationDate":"2024-02-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/iere.12689","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139954787","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
FINANCIAL DOLLARIZATION IN EMERGING MARKETS: AN INSURANCE ARRANGEMENT 新兴市场的金融美元化：一种保险安排
IF 1.5 3区 经济学
International Economic Review Pub Date : 2024-02-15 DOI: 10.1111/iere.12686
Husnu C. Dalgic
{"title":"FINANCIAL DOLLARIZATION IN EMERGING MARKETS: AN INSURANCE ARRANGEMENT","authors":"Husnu C. Dalgic","doi":"10.1111/iere.12686","DOIUrl":"10.1111/iere.12686","url":null,"abstract":"<p>Households in emerging markets hold significant amounts of dollar deposits whereas firms have significant amount of dollar debt. Motivated by perceived dangers, policymakers consider regulations to limit dollarization. I draw attention to an important benefit of dollarization: it serves as an insurance arrangement in which firms provide income insurance. Emerging market exchange rates tend to depreciate in recessions so that households prefer holding deposits denominated in dollars. They effectively starve local financial markets of local currency; raising local interest rates over USD rates and causing entrepreneurs to borrow in dollars. This premium is the price paid by households for insurance.</p>","PeriodicalId":48302,"journal":{"name":"International Economic Review","volume":"65 3","pages":"1189-1219"},"PeriodicalIF":1.5,"publicationDate":"2024-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/iere.12686","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139835992","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
FINANCIAL DOLLARIZATION IN EMERGING MARKETS: AN INSURANCE ARRANGEMENT 新兴市场的金融美元化：一种保险安排
IF 1.5 3区 经济学
International Economic Review Pub Date : 2024-02-15 DOI: 10.1111/iere.12686
Husnu Dalgic
{"title":"FINANCIAL DOLLARIZATION IN EMERGING MARKETS: AN INSURANCE ARRANGEMENT","authors":"Husnu Dalgic","doi":"10.1111/iere.12686","DOIUrl":"https://doi.org/10.1111/iere.12686","url":null,"abstract":"Households in emerging markets hold significant amounts of dollar deposits whereas firms have significant amount of dollar debt. Motivated by perceived dangers, policymakers consider regulations to limit dollarization. I draw attention to an important benefit of dollarization: it serves as an insurance arrangement in which firms provide income insurance. Emerging market exchange rates tend to depreciate in recessions so that households prefer holding deposits denominated in dollars. They effectively starve local financial markets of local currency; raising local interest rates over USD rates and causing entrepreneurs to borrow in dollars. This premium is the price paid by households for insurance.","PeriodicalId":48302,"journal":{"name":"International Economic Review","volume":"6 2","pages":""},"PeriodicalIF":1.5,"publicationDate":"2024-02-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139776451","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 19
THE COST OF TRADE DISRUPTIONS AT DIFFERENT STAGES OF DEVELOPMENT 不同发展阶段贸易中断的代价
IF 1.5 3区 经济学
International Economic Review Pub Date : 2024-02-14 DOI: 10.1111/iere.12690
J. Conesa, Matthew J. Delventhal, P. Pujolas, Gajendran Raveendranathan
{"title":"THE COST OF TRADE DISRUPTIONS AT DIFFERENT STAGES OF DEVELOPMENT","authors":"J. Conesa, Matthew J. Delventhal, P. Pujolas, Gajendran Raveendranathan","doi":"10.1111/iere.12690","DOIUrl":"https://doi.org/10.1111/iere.12690","url":null,"abstract":"We study trade disruptions at different stages of development in a two‐country, three‐sector model of Spain and United Kingdom from 1850 to 2000. The impact of trade disruptions depends on trade openness and the productivity gap between countries. A trade collapse today (more openness, less gap) comparable to the Inter‐War Trade Collapse (IWTC) decreases the capital stock threefold (12% instead of 4%) and lifetime consumption fourfold (1.58% instead of 0.37%). Capital accumulation amplifies the cost of trade disruptions. The IWTC promoted Spanish industrialization, while the opposite would be true today.","PeriodicalId":48302,"journal":{"name":"International Economic Review","volume":"52 41","pages":""},"PeriodicalIF":1.5,"publicationDate":"2024-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139778050","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 2
THE COST OF TRADE DISRUPTIONS AT DIFFERENT STAGES OF DEVELOPMENT 不同发展阶段贸易中断的代价
IF 1.5 3区 经济学
International Economic Review Pub Date : 2024-02-14 DOI: 10.1111/iere.12690
Juan Carlos Conesa, Matthew J. Delventhal, Pau S. Pujolas, Gajendran Raveendranathan
{"title":"THE COST OF TRADE DISRUPTIONS AT DIFFERENT STAGES OF DEVELOPMENT","authors":"Juan Carlos Conesa,&nbsp;Matthew J. Delventhal,&nbsp;Pau S. Pujolas,&nbsp;Gajendran Raveendranathan","doi":"10.1111/iere.12690","DOIUrl":"10.1111/iere.12690","url":null,"abstract":"<p>We study trade disruptions at different stages of development in a two-country, three-sector model of Spain and United Kingdom from 1850 to 2000. The impact of trade disruptions depends on trade openness and the productivity gap between countries. A trade collapse today (more openness, less gap) comparable to the Inter-War Trade Collapse (IWTC) decreases the capital stock threefold (12% instead of 4%) and lifetime consumption fourfold (1.58% instead of 0.37%). Capital accumulation amplifies the cost of trade disruptions. The IWTC promoted Spanish industrialization, while the opposite would be true today.</p>","PeriodicalId":48302,"journal":{"name":"International Economic Review","volume":"65 3","pages":"1133-1161"},"PeriodicalIF":1.5,"publicationDate":"2024-02-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/iere.12690","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139837453","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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