| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5270 |
| DP5270 Where Are We Now? Real-Time Estimates of the Macro Economy | |
| Martin D.D. Evans | |
| 发表日期 | 2005-10-23 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | Increasingly, a small number of low-wage countries such as China and India are involved in innovation - not the `big ideas', but the constant incremental innovations needed to stay ahead in business. We provide some evidence of this and develop a model in which there is a transition from old-style product-cycle trade to trade involving incremental innovation in low-wage countries. We explain why levels of involvement in innovation vary across low-wage countries and even across firms in each low-wage country. We then draw out the implications of this for the location of production, trade, capital flows, earnings and living standards. |
| 主题 | International Trade and Regional Economics |
| 关键词 | International trade Low-wage country innovation |
| URL | https://cepr.org/publications/dp5270 |
| 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/534149 |
| 推荐引用方式 GB/T 7714 | Martin D.D. Evans. DP5270 Where Are We Now? Real-Time Estimates of the Macro Economy. 2005. |
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