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This paper develops an oligopolistic model of international trade with heterogeneous firms and endogenous R&D to examine how trade liberalization affects firm and industry productivity, as well as social welfare. We identify four effects of trade liberalization on productivity: (i) a direct...
Persistent link: https://www.econbiz.de/10003493702
Persistent link: https://www.econbiz.de/10003524637
This paper examines how trade liberalization affects the innovation incentives of firms, and what this implies for …
Persistent link: https://www.econbiz.de/10003726014
This paper examines how trade liberalization affects the innovation incentives of firms, and what this implies for …
Persistent link: https://www.econbiz.de/10003887426