G2TT
来源类型Discussion paper
规范类型论文
来源IDDP3151
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
URLhttps://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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