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, vertical linkages with foreign firms, and international trade on several types of innovation by domestic firms. Using … and innovation and show that the supply chain of multinational enterprises and international trade are also important … channels. There is no evidence for an inverted U relationship between innovation and foreign competition. The relationship …
Persistent link: https://www.econbiz.de/10012464166
We explore the determinants of research specialization across countries and its consequences for relative wages. Using a dynamic Ricardian model we examine the effects of faster international technology diffusion and lower trade barriers on the incentive to innovate. In the absence of any...
Persistent link: https://www.econbiz.de/10012466280
This chapter reviews the empirical economics literature on the impact of trade liberalization on firms' innovation … levels. In emerging countries, trade liberalization appears to spur productivity and innovation. In developed countries …, export opportunities and access to imported intermediates tend to encourage innovation, but the evidence on import …
Persistent link: https://www.econbiz.de/10012453005
's innovation surveys, and firms' patent, industrial design, and trademark filings with the Chilean IP office. We use these data to …-to-the-world product innovation, which suggests that branding may be an important mechanism to appropriate returns to innovation in a …
Persistent link: https://www.econbiz.de/10012453366
Canadian firms adjusts innovation activities, business strategies, and exit in response to large increases in Chinese imports … between 1999 and 2005. On average, process innovation declines more strongly than product innovation. In addition, initially …
Persistent link: https://www.econbiz.de/10012455840
frontier? This paper models agents growing as a result of investments in innovation and imitation. Imitation facilitates …
Persistent link: https://www.econbiz.de/10012460568
"This paper analyzes job flows in a sample of 16 industrial and emerging economies over the past decade, exploiting a harmonized firm-level dataset. It shows that industry and firm size effects (and especially firm size) account for a large fraction in the overall variability in job flows....
Persistent link: https://www.econbiz.de/10010521324
This paper outlines what inflation targeting involves for emerging market/transition countries and discusses the advantages and disadvantages of this monetary policy strategy. The discussion suggests that although inflation targeting is not a panacea and may not be appropriate for many emerging...
Persistent link: https://www.econbiz.de/10012470925
In this paper we use high frequency interest rate data for a group of Latin American countries to analyze the behavior of volatility through time. We are particularly interested in understanding whether periods of high volatility spillover across countries. Our analysis relies both on univariate...
Persistent link: https://www.econbiz.de/10012470937
While there is still much disagreement on the causes underlying recent emerging markets' crises, one factor that most observers have agreed upon is that contracting dollar' (foreign currency) denominated external debt as opposed to domestic currency debt created balance sheet mismatches that led...
Persistent link: https://www.econbiz.de/10012470958