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This paper develops a quantitative, multi-country model of endogenous growth, international trade, and international knowledge flows in order to understand how access to both foreign products and technologies, together, influences innovation incentives and the world distribution of income. An...
Persistent link: https://www.econbiz.de/10013054532
Despite the widespread use of economic information to anticipate changes in business conditions, innovation metrics are not considered to be leading indicators. We argue that aggregate trademark data reflect firm-level choices that can help predict business cycles. In addition to establishing...
Persistent link: https://www.econbiz.de/10012865996
We introduce a new class of stochastic volatility models with autoregressive moving average (ARMA) innovations. The conditional mean process has a flexible form that can accommodate both a state space representation and a conventional dynamic regression. The ARMA component introduces serial...
Persistent link: https://www.econbiz.de/10012913784
We introduce a new class of stochastic volatility models with autoregressive moving average (ARMA) innovations. The conditional mean process has a flexible form that can accommodate both a state space representation and a conventional dynamic regression. The ARMA component introduces serial...
Persistent link: https://www.econbiz.de/10012915821
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followed by only-exporters; and iii) estimating export premium without controlling for import status is likely to overestimate … the panel data constructed from the original dataset and controlling for variables that are likely to affect firm growth …
Persistent link: https://www.econbiz.de/10013067745
determinant for the export performance of firms. Does this mean that intense local user-producer interaction always leads to … export effective. We investigate data from the ZEW Innovation survey of 4,786 firms in the manufacturing and service … the export orientation of the domestic market of innovators such as and the degree of competition stimulate export success …
Persistent link: https://www.econbiz.de/10010297302