The Role of Assets In Place: Loss of Market Exclusivity and Investment
收藏NBER2020-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w27588
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资源简介：
We utilize a novel identification strategy to analyze the impact of assets in place on firms' decisions for future projects. We exploit the context in the pharmaceutical industry, where the loss of market exclusivity for a branded drug can be used to separate the impact of cash flows generated by a
提供机构：
美国国家经济研究局
创建时间：
2020-07-01
