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I identify new products at the levels of finely dis-aggregated (over 10,000) product categories in the U.S. merchandise imports data of 1972-2001. I then construct by industry the South's new products exports (to the U.S.) relative to the North's, normalized by the South's old products exports...
Persistent link: https://www.econbiz.de/10014051218
and export intensity. We investigate theoretically and empirically how financial constraints affect a firm's innovation … export and innovation activities to become substitutes although they are generally natural complements. …
Persistent link: https://www.econbiz.de/10008823197
's innovation and export activities, using unique firm survey data which provides direct measures for innovations and firm … export and innovation activities to become substitutes although they are generally natural complements. -- Innovation …
Persistent link: https://www.econbiz.de/10003941706
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
's innovation and export activities, using unique firm survey data which provides direct measures for innovations and firm … export and innovation activities to become substitutes although they are generally natural complements …
Persistent link: https://www.econbiz.de/10013039087
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/10013320593
In a two-cone Heckscher-Ohlin model with CES preferences and a continuum of goods, adding new goods to the North's technology necessarily increases the Northern skill premium if the new goods are skilled-labor intensive, but may even increase the premium if they are unskilled-labor intensive....
Persistent link: https://www.econbiz.de/10014059739
Empirical studies have found that enhanced foreign competition can encourage or discourage innovation. To address this …-product firms live forever, and the large firms invest in innovation in order to enlarge their product spans. All firms export. I … show that an increase in the competitiveness of foreign firms can increase or reduce innovation efforts of a large multi …
Persistent link: https://www.econbiz.de/10014436971
This paper considers the indirect impact the recent tariff increases between the US and China can have in third … calculate the impact of the tariff increases by both the US and China on cumulative tariffs for other countries and thus hurt … estimate that the tariffs impose additional burden of around 500 to 600 million US dollars on these two countries. China …
Persistent link: https://www.econbiz.de/10012033060
Dual track liberalization, relying upon the continued enforcement of existing contracts and the simultaneous creation of a free market sector, represents a powerful mechanism in economic reform. If not anticipated, the reform implements an outcome that is both Pareto improving and efficiency...
Persistent link: https://www.econbiz.de/10014029599