Knowledge Diffusion, Trade, and Innovation across Countries and Sectors
نویسندگان
چکیده
This paper provides a unified framework for quantifying the cross-country and cross-sector interactions among trade, innovation, knowledge diffusion. is used to study effect of trade liberalization in an endogenous growth model which comparative advantage stock are determined by innovation The calibrated match observed heterogeneity production, efficiency, spillovers. counterfactual analysis shows that reduction costs induces reallocation R&D across sectors. Heterogeneous diffusion amplifies specialization effects trade-induced reallocation, becoming important source welfare. (JEL F12, F14, O33, O34, O41)
منابع مشابه
R&d Expenditure across Countries and Sectors
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* Much of the material in this paper arises from the collaborative work done with Nicolas Jonard, and owes much to him. I also acknowledge the very helpful comments of Muge Ozman and encouraging words of Franco Malerba. Much of modern micro-economics is built from the starting point of the perfectly competitive market. In this model there are an infinite number of agents — buyers and sellers, n...
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ژورنال
عنوان ژورنال: American Economic Journal: Macroeconomics
سال: 2022
ISSN: ['1945-7707', '1945-7715']
DOI: https://doi.org/10.1257/mac.20200084