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Markets, Public Policy & Law Seminar

The BU Markets, Public Policy & Law seminar series invites top economists from other institutions to spend a day at the BU School of Management presenting and discussing their own research. This seminar reflects the broad interests of SMG's diverse economics faculty, but takes a special interest in policy-oriented research from the fields of labor, health care, innovation, environmental economics, regulation and antitrust. The seminar is open to all.

 

Fall—Winter 2011

September 23: Maria Guadaulpe, Columbia University
Room 658, 1:30-3:00
Innovation and Foreign Ownership
This paper uses a rich panel dataset of Spanish manufacturing firms (1990-2006) and a propensity score reweighting estimator to show that multinational firms acquire the most productive domestic firms, which, on acquisition, conduct more product and process innovation (simultaneously adopting new machines and organizational practices) and adopt foreign technologies, leading to higher productivity. We propose a model of endogenous selection and innovation in heterogeneous firms that explains both the observed selection process and the innovation decisions. Further, we show in the data that innovation upon acquisition is associated with the increased market scale provided by the parent firm.

October 14: Amy Finkelstein, MIT
Dean's Conference room 5th floor, 10:30-12:00

October 21: TBD
Dean's Conference room 5th floor, 1:00-2:30

November 11: Jerry Marschke, University of Albany
Room 615A, 11:30-1:00

December 2: Jonathan Zinman, Dartmouth
Dean's Conference room 5th floor, 1:00-2:30

FTC Building in DC

Contact

If you are interested in scheduling a meeting with a scheduled speaker, please contact Mary McDonough, mpmcdono@bu.edu.

Location: Unless otherwise stated, all seminars will be held at
Boston University School of Management
595 Commonwealth Ave
Boston, MA, 02215.
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