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In this paper I emphasize the contribution of technical change towards productivity growth in explaining the relative East Germany-West Germany performance during the post-world war II era 1955-95.
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This paper studies the role of trade, both domestically as well as internationally, as a channel of technology transmission.
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Examining the accuracy of the monopolistic competition theory's predictions for import volumes, we assess whether this theory accounts for the empirical success of the gravity equation. Since certain factor-endowment based theories have the same prediction for import volumes, we employ...
Persistent link: https://www.econbiz.de/10005136837
We present a model of R&D-driven growth which predicts that technology, in form of product designs and created through R&D investments, is transmitted to other domestic and foreign sectors by being embodied in differentiated intermediate goods. Empirical results are presented employing data from...
Persistent link: https://www.econbiz.de/10005443387
This paper presents a model of international trade in differentiated intermediate goods. Because intermediates are invented through costly R&D investments, employing foreign intermediates implies sharing the return to R&D with the inventor country. I first derive a relation of how domestic...
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