Changes in regional firm founding activities: a theoretical explanation and empirical evidence * Dirk Fornahl

2008 ◽  
Vol 9 (2) ◽  
pp. 291-293
Author(s):  
G. Micek
2010 ◽  
Vol 100 (3) ◽  
pp. 1283-1284 ◽  
Author(s):  
Bruce A Blonigen ◽  
Stephen E Haynes

This reply responds to a comment that correctly identifies an invalid assumption in our original article that antidumping (AD) duties are subtracted from the U.S. price when calculating AD duties in administrative reviews. While this point invalidates our theoretical explanation and empirical evidence on the magnitude of AD duty pass-through, it does not affect our original article's theory or empirical evidence on the magnitude of exchange rate pass-through, or the presence of structural breaks in both the AD duty and exchange-rate pass-through coefficients stemming from AD investigations and orders.


Games ◽  
2021 ◽  
Vol 13 (1) ◽  
pp. 9
Author(s):  
Ku-Chu Tsao ◽  
Arijit Mukherjee ◽  
Achintya Ray

In this article, we consider technology leaders (which are innovators) and technology followers (which are non-innovators) to provide a new theoretical explanation for the well-cited empirical evidence of an inverted-U relationship between competition and aggregate innovation. We consider a two-stage game with a deterministic Research and Development (R&D) process, where the leaders first determine their R&D investments simultaneously and then all leaders and followers determine their outputs simultaneously. We show that the inverted-U relationship between competition and aggregate innovation occurs if competition is affected by the number of technology followers. However, the presence of more technology leaders decreases individual R&D investments while increasing aggregate R&D investments. If the total number of firms remains the same but the composition of technology leaders and followers changes in favor of leaders (followers), individual R&D investments decrease (increase) but aggregate R&D investments increase (decrease). The relationship between competition and R&D investments can be U-shaped if the intensity of competition is measured by product substitutability. Contrary to the standard expectation, the presence of more firms may reduce welfare.


2015 ◽  
Vol 5 ◽  
pp. 109-111
Author(s):  
Sanjaya Baral ◽  
Dhurba Chhetri

Multiverse scenarios in cosmology assume that other universes exist "beyond" our own universe. They are an exciting challenge both for empirical and theoretical research as well as for philosophy of science. They could be necessary to understand why the big bang occurred, why (some of) the laws of nature and the values of certain physical constants are the way they are, and why there is an arrow of time. This essay clarifies competing notions of "universe" and "multiverse"; it proposes a classification of different multiverse types according to various aspects how the universes are or are not separated from each other; it reviews the main reasons for assuming the existence of other universes: empirical evidence, theoretical explanation, and philosophical arguments. The Himalayan Physics Vol. 5, No. 5, Nov. 2014 Page: 109-111


2018 ◽  
Vol 108 (12) ◽  
pp. 3891-3936 ◽  
Author(s):  
Kaiji Chen ◽  
Jue Ren ◽  
Tao Zha

We study how monetary policy in China influences banks’ shadow banking activities. We develop and estimate the endogenously switching monetary policy rule that is based on institutional facts and at the same time tractable in the spirit of Taylor (1993). This development, along with two newly constructed micro banking datasets, enables us to establish the following empirical evidence. Contractionary monetary policy during 2009–2015 caused shadow banking loans to rise rapidly, offsetting the expected decline of traditional bank loans and hampering the effectiveness of monetary policy on total bank credit. We advance a theoretical explanation of our empirical findings. (JEL E32, E52, G21, O16, O23, P24, P34)


2019 ◽  
Vol 42 ◽  
Author(s):  
Mirko Uljarević ◽  
Giacomo Vivanti ◽  
Susan R. Leekam ◽  
Antonio Y. Hardan

Abstract The arguments offered by Jaswal & Akhtar to counter the social motivation theory (SMT) do not appear to be directly related to the SMT tenets and predictions, seem to not be empirically testable, and are inconsistent with empirical evidence. To evaluate the merits and shortcomings of the SMT and identify scientifically testable alternatives, advances are needed on the conceptualization and operationalization of social motivation across diagnostic boundaries.


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