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innovations and their international diffusion through trade. Fitting the model to data on innovation, productivity, and trade in … varieties, I find that most of the growth-imports correlation is explained by these two mechanisms. I also find that the … adoption barriers induce a positive correlation between growth and import expansion …
Persistent link: https://www.econbiz.de/10013103566
What are the sources of economic growth? This paper presents a multicountry growth model of innovation and the adoption … of foreign technologies through trade. The costs of both domestic innovation and adopting foreign innovations are … estimated using data on innovation, output and trade. A decomposition of the sources of growth shows that technology adoption …
Persistent link: https://www.econbiz.de/10013016133
I develop a multicountry-model in which economic growth is driven mainly by domestic innovation and the adoption of … foreign technologies embodied in traded intermediate goods. Fitting the model to data on innovation, output per capita, and … trade in varieties for the period 1996-2007, I estimate the costs of both domestic innovation and adopting foreign …
Persistent link: https://www.econbiz.de/10013033506
international diffusion through trade. Fitting the model to data on innovation, productivity, and trade in varieties, I find that … most of the growth-imports correlation is explained by these two mechanisms. I also find that the trade channel has been …
Persistent link: https://www.econbiz.de/10014045019
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We explore the determinants of research specialization across countries and its consequences for relative wages. Using a dynamic Ricardian model we examine the effects of faster international technology diffusion and lower trade barriers on the incentive to innovate. In the absence of any...
Persistent link: https://www.econbiz.de/10012755480