谁与苏联合作？大萧条时期的金融危机和技术转让

IF 2.6 1区历史学 Q1 ECONOMICS

Explorations in Economic History Pub Date : 2024-11-15 DOI:10.1016/j.eeh.2024.101637

Jerry Jiang, Jacob P. Weber

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引用次数: 0

摘要

我们提供的证据表明，财务困境促使企业将其技术出售给外国竞争对手。为此，我们通过单独研究和定位20世纪20年代和30年代在美国各县与苏联签署技术转让协议（TTAs）的美国公司，构建了一个新颖的空间面板数据集。通过将每个国家签署的自由贸易协定的数量与银行倒闭的数量联系起来，我们在金融困境与与苏联签署自由贸易协定的公司数量之间建立了显著的正相关关系。我们的研究结果表明，银行业恐慌可能为外国收购受影响公司的技术创造机会。

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Who collaborates with the Soviets? Financial distress and technology transfer during the Great Depression

We provide evidence that financial distress induces firms to sell their technology to foreign competitors. To do so, we construct a novel, spatial panel dataset by individually researching and locating U.S. firms who signed Technology Transfer Agreements (TTAs) with the Soviet Union during the 1920s and 1930s in various U.S. counties. By relating the number of TTAs signed in each county to the number of bank failures, we establish a significant, positive relationship between financial distress and the number of firms signing TTAs with the Soviet Union. Our findings suggest that banking panics may create opportunities for foreign countries to acquire affected firms’ technology.

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来源期刊

Explorations in Economic History Multiple-

CiteScore

2.50

自引率

8.70%

发文量

期刊介绍： Explorations in Economic History provides broad coverage of the application of economic analysis to historical episodes. The journal has a tradition of innovative applications of theory and quantitative techniques, and it explores all aspects of economic change, all historical periods, all geographical locations, and all political and social systems. The journal includes papers by economists, economic historians, demographers, geographers, and sociologists. Explorations in Economic History is the only journal where you will find "Essays in Exploration." This unique department alerts economic historians to the potential in a new area of research, surveying the recent literature and then identifying the most promising issues to pursue.