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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w14079 |
来源ID | Working Paper 14079 |
Estimating the Productivity Selection and Technology Spillover Effects of Imports | |
Ram C. Acharya; Wolfgang Keller | |
发表日期 | 2008-06-10 |
出版年 | 2008 |
语种 | 英语 |
摘要 | Economists emphasize two channels through which import liberalization affects productivity, one operating between and the other within firms. According to the former, import competition triggers market share reallocations between domestic firms with different technological capabilities (selection). At the same time, imports can also improve firms' technologies through learning externalities (spillovers). We present evidence for a sample of industrialized countries over the period 1973 to 2002. First, in the long run, import liberalization lowers productivity in domestic industries through selection. This finding confirms the prediction of models with firm heterogeneity, including Melitz and Ottaviano (2008), in which unilateral liberalization lowers the profits of domestic relative to foreign exporters. Second, if imports involve advanced foreign technologies, liberalization also generates technological learning that can on net raise domestic productivity. Third, for short time horizons of up to three years, a surge in imports typically raises domestic productivity. Because the number of firms at home and abroad does not change much in the short-run, new competition from foreign firms has a pro-competitive effect. We also find that high entry barriers, especially regulation, slow down the process of market share reallocation between firms. Over- all, the results support models in which trade triggers both substantial selection and technological learning. |
主题 | International Economics ; Trade ; International Factor Mobility ; Development and Growth ; Innovation and R& ; D |
URL | https://www.nber.org/papers/w14079 |
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/571753 |
推荐引用方式 GB/T 7714 | Ram C. Acharya,Wolfgang Keller. Estimating the Productivity Selection and Technology Spillover Effects of Imports. 2008. |
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 | ||
w14079.pdf(216KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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