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Quality Ladders and Product Cycles
Grossman, Gene M. - 1989
We develop a two-country model of endogenous innovation and imitation in order to study the interactions between these … maximizing entrepreneurs. The steady-state equilibrium is characterized by constant aggregate rates of innovation and imitation …
Persistent link: https://www.econbiz.de/10012475836
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Innovation, Growth, and Dynamic Gains from Trade
Hsu, Wen-Tai - 2019
trade affects the incentives for technological advancement. We construct an innovation-based endogenous growth model of … North-South trade. There are two types of innovation: one by the North to upgrade the general purpose technology (GPT) and … estimates where the effects of GPT-driven innovation are eliminated. The share of dynamic gains from trade is about 78% of the …
Persistent link: https://www.econbiz.de/10012480413
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Growth, Trade, and Inequality
Grossman, Gene M. - 2014
We introduce firm and worker heterogeneity into a model of innovation-driven endogenous growth. Individuals who differ …
Persistent link: https://www.econbiz.de/10012458165
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Trade and Growth with Heterogenous Firms
Baldwin, Richard E. - 2006
the exact nature of the innovation technology and its connection to international trade in goods and ideas. We consider …
Persistent link: https://www.econbiz.de/10012466339
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Trade, Knowledge Spillovers, and Growth
Grossman, Gene M. - 1990
In this paper, we examine one channel through which the trade regime might affect growth in the long run. We model endogenous technological progress that results from profit maximizing investments by far-sighted entrepreneurs. Productivity in the research lab depends upon the "stock of knowledge...
Persistent link: https://www.econbiz.de/10012475542
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Equilibrium Technology Diffusion, Trade, and Growth
Perla, Jesse - 2015
We study how opening to trade affects economic growth in a model where heterogeneous firms can choose to adopt a new technology already in use by other firms. We characterize the growth rate using summary statistics of the profit distribution--the ratio of profits between the average and...
Persistent link: https://www.econbiz.de/10012457785
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Product Quality, Linder, and the Direction of Trade
Hallak, Juan Carlos - 2004
support for the "Linder hypothesis", the conjectured corollary to the first theory relating product quality and the direction …
Persistent link: https://www.econbiz.de/10012467812
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Quality Ladders in the Theory of Growth
Grossman, Gene M. - 1989
explore the welfare properties of our model. Then we relate our approach to an alternative one that views product innovation …
Persistent link: https://www.econbiz.de/10012475946
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Income Distribution, Product Quality, and International Trade
Fajgelbaum, Pablo D. - 2009
We develop a framework for studying trade in vertically and horizontally differentiated products. In our model, consumers with heterogeneous incomes and tastes purchase a homogeneous good as well as making a discrete choice of quality and variety of a differentiated product. The distribution of...
Persistent link: https://www.econbiz.de/10012463321
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The Variety and Quality of a Nation's Trade
Hummels, David - 2002
Not surprisingly, big countries trade more than small countries. In this paper we use data on shipments by 110 exporters to 59 importers in 5,000 product categories to ask: how? Do big countries trade larger quantities of a common set of goods (the intensive margin), a larger set of goods (the...
Persistent link: https://www.econbiz.de/10012470003