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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w27404 |
来源ID | Working Paper 27404 |
From Imitation to Innovation: Where Is all that Chinese R&D Going? | |
Michael König; Zheng Michael Song; Kjetil Storesletten; Fabrizio Zilibotti | |
发表日期 | 2020-06-22 |
出版年 | 2020 |
语种 | 英语 |
摘要 | We construct an endogenous growth model with random interactions where firms are subject to distortions. The TFP distribution evolves endogenously as firms seek to upgrade their technology over time either by innovating or by imitating other firms. We use the model to quantify the effects of misallocation on TFP growth in emerging economies. We structurally estimate the stationary state of the dynamic model targeting moments of the empirical distribution of R&D and TFP growth in China during the period 2007–12. The estimated model fits the Chinese data well. We compare the estimates with those obtained using data for Taiwan and perform counterfactuals to study the effect of alternative policies. R&D misallocation has a large effect on TFP growth. |
主题 | Industrial Organization ; Market Structure and Firm Performance ; Development and Growth ; Innovation and R& ; D ; Growth and Productivity ; Country Studies |
URL | https://www.nber.org/papers/w27404 |
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/585077 |
推荐引用方式 GB/T 7714 | Michael König,Zheng Michael Song,Kjetil Storesletten,et al. From Imitation to Innovation: Where Is all that Chinese R&D Going?. 2020. |
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 | ||
w27404.pdf(743KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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