Cai, Jie; Li, Nan; Santacreu, Ana Maria - 2021
We provide a unified framework for quantifying the cross-country and cross-sector interactions among trade, innovation … advantage and the stock of knowledge are determined by innovation and diffusion. We calibrate the model to match observed cross …-country and cross-sector heterogeneity in production, innovation efficiency and knowledge spillovers. Our counterfactual analysis …