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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP7550 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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