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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP3151 |
DP3151 Multinational Knowledge Spillovers with Centralized versus Decentralized R&D: A Game Theoretic Approach | |
Reinhilde Veugelers; Francesca Sanna-Randaccio | |
发表日期 | 2002 |
出版年 | 2002 |
语种 | 英语 |
摘要 | This Paper provides a summary of what is known about trends in international commodity market integration during the second half of the second millennium. The range of goods that have been traded between continents since the Voyages of Discovery has steadily increased over time, and there has been substantial commodity market integration over the period, driven by technology in the 19th century and politics in the late 20th century. This trend towards greater market integration was not, however, monotonic; it was periodically interrupted by shocks such as wars and world depressions, or by endogenous political responses to the distributional effects of globalization itself. In some periods politics has reinforced the effects of technology, while in other periods it has offset them. In several cases, severe shocks have had long-run effects on the international integration of commodity markets, as a result of politically induced hysteresis. Finally, we know remarkably little about international commodity market integration during the 20th century. |
主题 | International Trade and Regional Economics |
关键词 | Trade History |
URL | https://cepr.org/publications/dp3151 |
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/532169 |
推荐引用方式 GB/T 7714 | Reinhilde Veugelers,Francesca Sanna-Randaccio. DP3151 Multinational Knowledge Spillovers with Centralized versus Decentralized R&D: A Game Theoretic Approach. 2002. |
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