| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15369 |
| DP15369 The Dynamic Impact of Exporting on Firm R&D Investment | |
| Florin Maican; Matilda Orth; Mark Roberts; Van Anh Vuong | |
| 发表日期 | 2020-10-14 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | This article estimates a dynamic structural model of firm R&D investment in twelve Swedish manufacturing industries and uses it to measure rates of return to R&D and to simulate the impact of trade restrictions on the investment incentives. R&D spending is found to have a larger impact on firm productivity in the export market than in the domestic market. Export market profits are a substantial source of the expected return to R&D. Counterfactual simulations show that trade restrictions lower both the expected return to R&D and R&D investment level, thus reducing an important source of the dynamic gains from trade. A 20 percent tariff on Swedish exports reduces the expected benefits of R&D by an average of 32.2 percent and lowers the amount of R&D spending by 13.9 percent in the high-tech industries. The corresponding reductions in the low-tech industries are 30.4 and 8.9 percent, respectively. R&D adjustments in response to export tariffs mainly occur on the intensive, rather than the extensive, margin. |
| 主题 | Industrial Organization |
| 关键词 | R&d Innovation Trade Productivity Export |
| URL | https://cepr.org/publications/dp15369 |
| 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/544351 |
| 推荐引用方式 GB/T 7714 | Florin Maican,Matilda Orth,Mark Roberts,et al. DP15369 The Dynamic Impact of Exporting on Firm R&D Investment. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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