أعرض تسجيلة المادة بشكل مبسط

dc.creator Long, Ngo Van
dc.creator Raff, Horst
dc.creator Stähler, Frank
dc.date 2008
dc.date.accessioned 2013-10-16T06:57:18Z
dc.date.available 2013-10-16T06:57:18Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/17893
dc.identifier ppn:571523293
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/17893
dc.description This paper examines how trade liberalization affects the innovation incentives of firms, and what this implies for industry productivity and social welfare. For this purpose we develop a reciprocal dumping model of international trade with heterogeneous firms and endogenous R&D. We identify two effects of trade liberalization on productivity: a direct effect through changes in R&D investment, and a selection effect due to inefficient firms leaving the market. We show how these effects operate in the short run when market structure is fixed, and in the long run when market structure is endogenous. Among the robust results that hold for any market structure are that trade liberalization (i) increases (decreases) aggregate R&D for low (high) trade costs; (ii) increases expected industry productivity; and (iii) raises expected social welfare if trade costs are low.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kieler Arbeitspapiere 1430
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject F12
dc.subject F15
dc.subject ddc:330
dc.subject international trade
dc.subject firm heterogeneity
dc.subject R&D
dc.subject productivity
dc.subject market structure
dc.subject Außenhandelsliberalisierung
dc.subject Innovation
dc.subject Produktivität
dc.subject Industrielle Forschung
dc.subject Endogener technischer Fortschritt
dc.subject Wohlfahrtseffekt
dc.subject Theorie
dc.title Innovation and Trade with Heterogeneous Firms
dc.type doc-type:workingPaper


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أعرض تسجيلة المادة بشكل مبسط