Search Results
Working Paper
Determining manufacturing output for states and regions
Journal Article
All the answers are different
Report
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 ...
Working Paper
Total factor productivity and electric utilities regulation
An examination of the components of total factor productivity, including its measurement and the usefulness of TFP indicators to regulators.
Journal Article
Business climate and the role of development incentives
Conference Paper
The role of technological and market structure in regulatory reform