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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w27986 |
来源ID | Working Paper 27986 |
The Dynamic Impact of Exporting on Firm R&D Investment | |
Florin G. Maican; Matilda Orth; Mark J. Roberts; Van Anh Vuong | |
发表日期 | 2020-10-26 |
出版年 | 2020 |
语种 | 英语 |
摘要 | This article estimates a dynamic structural model of firm R&D investment in twelve Swedish manufacturing industries and uses it to measure rates of return to R&D and to simulate the impact of trade restrictions on the investment incentives. R&D spending is found to have a larger impact on firm productivity in the export market than in the domestic market. Export market profits are a substantial source of the expected return to R&D. Counterfactual simulations show that trade restrictions lower both the expected return to R&D and R&D investment level, thus reducing an important source of the dynamic gains from trade. A 20 percent tariff on Swedish exports reduces the expected benefits of R&D by an average of 32.2 percent and lowers the amount of R&D spending by 13.9 percent in the high-tech industries. The corresponding reductions in the low-tech industries are 30.4 and 8.9 percent, respectively. R&D adjustments in response to export tariffs mainly occur on the intensive, rather than the extensive, margin. |
主题 | International Economics ; Trade ; Industrial Organization ; Firm Behavior ; Development and Growth ; Innovation and R& ; D |
URL | https://www.nber.org/papers/w27986 |
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/585659 |
推荐引用方式 GB/T 7714 | Florin G. Maican,Matilda Orth,Mark J. Roberts,et al. The Dynamic Impact of Exporting on Firm R&D Investment. 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 | ||
w27986.pdf(316KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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