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: | , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2014
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| Subjects: | |
| Online Access: | 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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| Institution: | Singapore Management University |
| Language: | English |