G2TT
来源类型Discussion paper
规范类型论文
来源IDDP6874
DP6874 Big-Think Regionalism: a Critical Survey
Richard Baldwin
发表日期2008-06-20
出版年2008
语种英语
摘要In the wake of falling trade costs, two central consequences in the importing economy are, first, that stronger competition through increased imports can lead to market share reallocations among domestic firms with different productivity levels (selection). Second, the increase in imports might improve domestic technologies through learning externalities (spillovers). Each of these channels may have a major impact on aggregate productivity. This paper presents comparative evidence from a sample of OECD countries. We find that the average long run effect of an increase in imports on domestic productivity is close to zero. If the scope for technological learning is limited, the selection effect dominates and imports lead to lower productivity. If, however, imports are relatively technology-intensive, imports also generate learning that can on net raise domestic productivity. Moreover, there is somewhat less selection when the typical domestic firm is large. The results support models in which trade triggers both substantial selection and technological learning.
主题International Trade and Regional Economics
关键词Market shares R&d Technology investments
URLhttps://cepr.org/publications/dp6874
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/535701
推荐引用方式
GB/T 7714
Richard Baldwin. DP6874 Big-Think Regionalism: a Critical Survey. 2008.
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