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. Both modes of innovation are expected to raise a firm's propensity to export. According to new trade theory, we conjecture … at the firm level. Product innovation is a key factor for successful market entry in models of creative destruction and … Schumpeterian growth. Process innovation helps securing a firm's market position given the characteristics of its product supply …
Persistent link: https://www.econbiz.de/10012750419
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Defensive innovations in developed countries can explain the empirical phenomenon that openness towards trade with less-developed countries does not necessarily induce a substantial increase in the wage differential and trade volumes. Building on step-by-step innovations as introduced by Aghion...
Persistent link: https://www.econbiz.de/10011406885
Defensive innovations in developed countries can explain the empirical phenomenon that openness towards trade with less-developed countries does not necessarily induce a substantial increase in the wage differential and trade volumes. Building on step-by-step innovations as introduced by Aghion...
Persistent link: https://www.econbiz.de/10010262794
Persistent link: https://www.econbiz.de/10015332585
North-South competition in quality: Analyzing a new database that makes it possible to disaggregate trade flows across many countries according to unit values, we show that international specialization in terms of quality within industries and product categories plays an important role in the...
Persistent link: https://www.econbiz.de/10012751338
As documented in the literature, exporting firms breaking into new markets can help alleviate risk and uncertainty by using various information channels. Such channels include spillovers, foreign consumer networks, and, potentially, foreign supplier networks. Novel to the literature, we jointly...
Persistent link: https://www.econbiz.de/10012898892
This study examines determinants of intra-industry trade between Vietnam and Asean countries. By solving endogenous problem and applying Hausman-Taylor model for panel two-way dataset, we detect that export flows of Vietnam gravitate to neighbouring countries and those with similar GDP. More...
Persistent link: https://www.econbiz.de/10012940879
its strength and weakness, discuss its connections with theory, and draw out potential policy implications of its findings …
Persistent link: https://www.econbiz.de/10012997459
In this paper, I explore the impact of per capita income and population size on markups and bilateral trade flows in a random search framework. The intuition is that, when a firm randomly meets a consumer, only that consumer's income matters to the firm's pricing strategy;the size of the...
Persistent link: https://www.econbiz.de/10013001604