| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w13515 |
| 来源ID | Working Paper 13515 |
| Openness, Technology Capital, and Development | |
| Ellen McGrattan; Edward C. Prescott | |
| 发表日期 | 2007-10-15 |
| 出版年 | 2007 |
| 语种 | 英语 |
| 摘要 | In this paper, we extend the growth model to include firm-specific technology capital and use it to assess the gains from opening to foreign direct investment. A firm's technology capital is its unique know-how from investing in research and development, brands, and organization capital. What distinguishes technology capital from other forms of capital is the fact that a firm can use it simultaneously in multiple domestic and foreign locations. Foreign technology capital is exploited by permitting foreign direct investment by multinationals. In both steady-state and transitional analyses, the extended growth model predicts large gains to being open. |
| 主题 | International Economics ; International Factor Mobility ; International Macroeconomics ; Development and Growth ; Development ; Innovation and R& ; D |
| URL | https://www.nber.org/papers/w13515 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/571191 |
| 推荐引用方式 GB/T 7714 | Ellen McGrattan,Edward C. Prescott. Openness, Technology Capital, and Development. 2007. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w13515.pdf（279KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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