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来源类型Working Paper
规范类型报告
DOI10.3386/w21844
来源IDWorking Paper 21844
The Global Diffusion of Ideas
Francisco J. Buera; Ezra Oberfield
发表日期2016-01-11
出版年2016
语种英语
摘要We provide a tractable theory of innovation and technology diffusion to explore the role of international trade in the process of development. We model innovation and diffusion as a process involving the combination of new ideas with insights from other industries or countries. We provide conditions under which each country's equilibrium frontier of knowledge converges to a Frechet distribution, and derive a system of differential equations describing the evolution of the scale parameters of these distributions, i.e., countries' stocks of knowledge. In particular, the growth of a country's stock of knowledge depends only on its trade shares and the stocks of knowledge of its trading partners. We use the framework to quantify the contribution of bilateral trade costs to cross-sectional TFP differences, long-run changes in TFP, and individual post-war growth miracles.
主题International Economics ; Trade ; International Macroeconomics ; Development and Growth ; Innovation and R& ; D ; Growth and Productivity
URLhttps://www.nber.org/papers/w21844
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/579518
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GB/T 7714
Francisco J. Buera,Ezra Oberfield. The Global Diffusion of Ideas. 2016.
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