Assessing market failures in export pioneering activities: A structural estimation approach

The paper provides a first structural-estimation-based assessment of an influential hypothesis that export pioneers are too few relative to social optimum due to knowledge spillover in new market explorations. Such market failure requires two inequalities to hold simultaneously: the discovery cost is...

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Main Authors: WEI, Shang-Jin, WEI, Ziru, XU, Jianhuan
格式: text
語言:English
出版: Institutional Knowledge at Singapore Management University 2014
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在線閱讀:https://ink.library.smu.edu.sg/soe_research/2025
https://ink.library.smu.edu.sg/context/soe_research/article/3024/viewcontent/assessing_market_failures_in_export_pioneering_activities_a_structural_estimation_approach.pdf
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