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Using new measures of expanded Internet access in China and internet-based search, we examine how competitive shocks … from China impact U.S. innovation through the markets for innovation and existing products. We identify shocks to …
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in China. Our empirical approach implements concepts developed in Acemoglu (2010) and complements the approaches … change has influenced productivity growth in China, at least in the decade of the 1990s, but perhaps less so or not at all …
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productivity (TFP) growth in China. Our primary goal is to test Hicks' induced innovation hypothesis by examining whether technical … change in China has been induced by sharp increase in input prices that have accompanied its rapid economic growth. Utilizing … buffers a long-term decline in TFP growth that would otherwise be quite substantial. We conclude that China's economic growth …
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