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 …

This paper estimates the aggregate productivity effects of Marshallian externalities generated by foreign direct … externalities and other intra- and inter-regional spillovers generated by domestic firms. The productivity effects of these … explicitly as determinants of total factor productivity, and tests several empirical specifications of this model, using data for …