G2TT
来源类型Discussion paper
规范类型论文
来源IDDP7550
DP7550 On Quality Bias and Inflation Targets
Martín Uribe; Stephanie Schmitt-Grohé
发表日期2009-11-15
出版年2009
语种英语
摘要How does competition affect innovation? We address this question by using a novel approach to measure quality - an important component of innovation - using highly disaggregated product data for a large set of countries. Constructing an internationally comparable measure of quality enables us to separate the effect of reducing import tariffs, our measure of competition, on quality upgrading from other country level differences in competitive environments, and product demand shocks. We base our analysis on recent theoretical frameworks that predict that the effect of competition on innovation depends on firms? proximity to the world technological frontier. As predicted by theory, we find that lower tariffs are associated with quality upgrading for products close to the world frontier; whereas lower tariffs discourage quality upgrading for varieties distant from the frontier.
主题International Trade and Regional Economics
关键词Quality upgrading Competition Proximity to frontier Growth
URLhttps://cepr.org/publications/dp7550
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/536386
推荐引用方式
GB/T 7714
Martín Uribe,Stephanie Schmitt-Grohé. DP7550 On Quality Bias and Inflation Targets. 2009.
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