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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP17385 |
DP17385 Global Innovation and Knowledge Diffusion | |
Natalia Ramondo; Nelson Lind | |
发表日期 | 2022-06-13 |
出版年 | 2022 |
语种 | 英语 |
摘要 | We develop a Ricardian model of trade in which countries innovate ideas that diffuse globally. The forces of innovation and diffusion combine to shape expenditure substitution patterns. Innovation makes a country technologically distinct, reducing their substitutability with other countries, while diffusion generates technological similarity and increases head-to-head competition. In the special case of an innovation-only model where countries do not share ideas, productivities are independent across space, and expenditure is CES. Consequently, departures from CES expenditure reveal diffusion patterns. Our theoretical results provide a mapping between the dynamics of observable expenditure and the dynamics of innovation and knowledge diffusion. |
主题 | International Trade and Regional Economics ; Macroeconomics and Growth |
关键词 | Innovation Diffusion Poisson processes Frechet distribution Generalized extreme value International trade |
URL | https://cepr.org/publications/dp17385 |
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/546439 |
推荐引用方式 GB/T 7714 | Natalia Ramondo,Nelson Lind. DP17385 Global Innovation and Knowledge Diffusion. 2022. |
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