G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w26461
来源IDWorking Paper 26461
A Global View of Creative Destruction
Chang-Tai Hsieh; Peter J. Klenow; Ishan B. Nath
发表日期2019-11-18
出版年2019
语种英语
摘要In the wake of the U.S.-Canada Free Trade Agreement, both the U.S. and Canada experienced a sustained increase in job reallocation, including firms moving into exporting. The change involved big firms as much as small firms. To mimic these patterns,we formulate a model of innovation by both domestic and foreign firms. In the model, trade liberalization quickens the pace of creative destruction, thereby speeding the flow of technology across countries. The resulting dynamic gains from trade liberalization are an order of magnitude larger than the gains in a standard static model.
主题International Economics ; Trade ; International Macroeconomics
URLhttps://www.nber.org/papers/w26461
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/584133
推荐引用方式
GB/T 7714
Chang-Tai Hsieh,Peter J. Klenow,Ishan B. Nath. A Global View of Creative Destruction. 2019.
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