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Le Duc Niem
Research and Development Cooperation Between Rivals: A Novel Motive beyond New Knowledge
Xuất bản: 27 July, 2022
The paper examines a motive for R&D cooperation with a rival by considering the behavior of a quality follower in a model of vertically differentiated products. We show that, in some settings, a quality follower has an incentive to contribute money...
Why Do Similar Countries Trade with Each Other for the Same Good?
Xuất bản: 27 July, 2022
In this paper, we construct a simple model to show why similar countries can trade with each other for the same good when product quality can be selected by firms. Specifically, we devise a model that shows when trade expands a market, firms will build...
Linder Hypothesis and Vertical Intra-industry Trade: An Empirical Case of Cosmetic Industry in China...
Xuất bản: 27 July, 2022
In this paper, we tested if country similarity positively affects the index of vertical intra-industry trade share (VIIT), given that the lower developed country is bigger in size. By using the trade data of the cosmetic industry in China, we found that...