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Testing Endogenous Growth in South Korea and Taiwan
Feenstra, Robert C.; Madani, Dorsati; Yang, Tzu-han; … - 2021
We evaluate the endogenous growth hypothesis using sectoral data for South Korea and Taiwan. Our empirical work relies on a direct measure of the variety of products from each sector which can serve as intermediate inputs or as final goods. We test whether changes in the variety of these inputs,...
Persistent link: https://www.econbiz.de/10013222621
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Trade and Uneven Growth
Feenstra, Robert C. - 2021
We consider trade between two countries of unequal size, where the creation of new intermediate inputs occurs in both. We assume that the knowledge gained from R&D in one country does not spillover to the other. Under autarky, the larger country would have a higher rate of product creation. When...
Persistent link: https://www.econbiz.de/10013223585
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Export Variety and Country Productivity
Feenstra, Robert C.; Kee, Hiau Looi - 2021
This paper provides evidence on monopolistic competition models with endogenous technology by studying the effects of sectoral export variety on country productivity. The effects are estimated in a translog GDP function system based on data for 34 countries from 1982 to 1997. Country...
Persistent link: https://www.econbiz.de/10013248722
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Export Variety and Country Productivity
Feenstra, Robert C. - 2004
This paper provides evidence on monopolistic competition models with endogenous technology by studying the effects of sectoral export variety on country productivity. The effects are estimated in a translog GDP function system based on data for 34 countries from 1982 to 1997. Country...
Persistent link: https://www.econbiz.de/10012467859
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Testing Endogenous Growth in South Korea and Taiwan
Feenstra, Robert C. - 1997
We evaluate the endogenous growth hypothesis using sectoral data for South Korea and Taiwan. Our empirical work relies on a direct measure of the variety of products from each sector which can serve as intermediate inputs or as final goods. We test whether changes in the variety of these inputs,...
Persistent link: https://www.econbiz.de/10012472789
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Accounting for Growth With New Inputs
Feenstra, Robert C. - 1992
In this paper we examine how to account for growth when new inputs are being created. In particular, we obtain a decomposition of growth into that due to a higher quantity of existing inputs, and that due to a greater range of inputs. This decomposition is first obtained for a single firm, with...
Persistent link: https://www.econbiz.de/10012474859
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Trade and Uneven Growth
Feenstra, Robert C. - 1990
We consider trade between two countries of unequal size, where the creation of new intermediate inputs occurs in both. We assume that the knowledge gained from R&D in one country <i>does not</i> spillover to the other. Under autarky, the larger country would have a higher rate of product creation. When...
Persistent link: https://www.econbiz.de/10012475759
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Accounting for Growth with New Inputs
Feenstra, Robert C.; Markusen, James R. - 2021
In this paper we examine how to account for growth when new inputs are being created. In particular, we obtain a decomposition of growth into that due to a higher quantity of existing inputs, and that due to a greater range of inputs. This decomposition is first obtained for a single firm, with...
Persistent link: https://www.econbiz.de/10013210592
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Magnification of the ‘China Shock’ Through the U.S. Housing Market
Xu, Yuan; Ma, Hong; Feenstra, Robert C. - 2022
to work. Controlling for housing reduces the negative coefficient of import exposure on manufacturing employment by 20 …-25%, with a significant indirect magnification through the housing market. Combining manufacturing and construction employment …, the indirect effect of the China shock through the housing market explains one-fifth as much of the variance in employment …
Persistent link: https://www.econbiz.de/10013324698
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Magnification of the ‘China Shock’ Through the U.S. Housing Market
Xu, Yuan - 2019
as big as it was. If housing prices had not responded at all to the China shock, then the total employment effect of the … shock, however, so the independent employment effect of the China shock is reduced by about 20-30%, with that remainder …
Persistent link: https://www.econbiz.de/10012480375