Akcigit, Ufuk; Ates, Sina T.; Impullitti, Giammario - 2018
innovation endogenously determines the dynamics of technology, market leadership, and trade flows, in a world with two large open …, globalization (defined as reduced trade barriers) has ambiguous effects on welfare, while, dynamically, intensified globalization … growth. Finally, our model predicts that a more globalized world entails less government intervention, thanks to innovation …