-specific quotas following China's entry into the World Trade Organization. Chinese import competition had two effects: first, it led … effect on innovation. We develop a simple "trapped factor" model of innovation that is consistent with these empirical …

-run growth by increasing the profit from innovation. In the short run, factors of production must be reallocated inside firms …, which lowers the opportunity cost of innovation, generating an additional trapped factor effect. Starting from a baseline … OECD growth rate of 2% we find that trade integration with low-wage countries in the decade around China's WTO accession …

match this management data to production and energy usage information for establishments owned by these firms. We find that …

This paper investigates the relationship between product market competition (PMC) and innovation. A growth model is … reduce innovation incentives for laggards. There are four key predictions. First, the relationship between product market … competition (PMC) and innovation is an inverted U-shape. Second, the equilibrium degree of technological neck-and-neckness' among …

We analyze a new management survey for around 1,000 firms and 10,000 employees across two large provinces in China. The …

improving production efficiency and product quality in both countries, but it matters more in China than in the US, especially …We present a heterogeneous-firm model in which management ability increases both production efficiency and product … quality. Combining six micro-datasets on management practices, production and trade in Chinese and American firms, we find …