| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP1354
|
| DP1354 The Spread of Industry: Spatial Agglomeration in Economic Development |
| Anthony Venables; Diego Puga
|
| 发表日期 | 1996-02-29
|
| 出版年 | 1996
|
| 语种 | 英语
|
| 摘要 | This paper develops a model to analyse the implications of firing costs on incentives for R&D and international specialization. The key idea is that, to avoid paying firing costs, the country with a rigid labour market will tend to produce relatively secure goods, at late stages in their product life cycles. With international trade, an international product cycle emerges where, roughly, new goods are first produced in the low-firing cost country, and then move to the high-firing cost country. The paper shows that in the closed economy, an increase in firing costs does not necessarily imply a reduction in R&D; it crucially depends on the riskiness of R&D activity relative to productive activity. In the open economy, however, an increase in firing costs is much more likely to reduce R&D intensity. |
| 主题 | International Macroeconomics
|
| 关键词 | Employment protection
Firing costs
Innovation
International specialilzation
International trade
Product life cycle
R&d
|
| URL | https://cepr.org/publications/dp1354
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/530494
|
推荐引用方式
GB/T 7714 |
Anthony Venables,Diego Puga. DP1354 The Spread of Industry: Spatial Agglomeration in Economic Development. 1996.
|
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