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Board #49 - When Liberalization Reduces Competition: ICT Sector Innovation after the Korea–US Free Trade Agreement

Sat, April 25, 11:40am to 1:10pm CDT (11:40am to 1:10pm CDT), TBA

Brief Overview

This study examines how the 2007 KORUS-FTA affected innovation by reducing foreign competition. Using a synthetic control design, we find that reduced competition leads to fewer patent filings and thus less innovation in the American ICT sector.

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