| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 963058 | Journal of International Economics | 2011 | 11 Pages |
Abstract
⺠We examine how trade liberalization affects the innovation incentives of firms. ⺠We model innovation in a heterogeneous firm model with oligopolistic competition. ⺠Trade liberalization increases aggregate R&D if trade costs are low. ⺠Trade liberalization decreases aggregate R&D if trade costs are high. ⺠Expected industry productivity rises as trade costs fall.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Ngo Van Long, Horst Raff, Frank Stähler,