| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15804 |
| DP15804 Innovation and Trade Policy in a Globalized World | |
| Ufuk Akcigit; Sina T. Ates; Giammario Impullitti | |
| 发表日期 | 2018-04-23 |
| 出版年 | 2018 |
| 语种 | 英语 |
| 摘要 | What is the role of innovation policy in open economy? We address this question employ- ing a new innovation-driven growth model with two large open economies at different stages of development. We examine the implications of the U.S. Research and Experimentation Tax Credit, introduced in 1981, and alternative protectionist policies. Key findings are: First, the tax credit generates substantial gains over medium and long horizons. Second, protectionist measures generate large dynamic losses by distorting the firms’ innovation incentives. Third, the optimal R&D subsidy decreases in trade openness. Fourth, the optimal unilateral import tariff is zero for all policy horizons. |
| 主题 | International Trade and Regional Economics ; Macroeconomics and Growth |
| 关键词 | Economic growth Innovation policy Open economy Trade policy |
| URL | https://cepr.org/publications/dp15804-0 |
| 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/541702 |
| 推荐引用方式 GB/T 7714 | Ufuk Akcigit,Sina T. Ates,Giammario Impullitti. DP15804 Innovation and Trade Policy in a Globalized World. 2018. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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