The paper shows how and why international trade and endogenous technological change are part of a Schumpeterian loop in advanced countries. Imports stir the creative response of firms exposed to global competition and engender the introduction of productivity-enhancing innovations that are contingent upon the knowledge and competence available in each industry. The introduction of new industry-specific technologies augments both productivity and exports. The long-term empirical evidence of the manufacturing industries of 13 OECD countries from 1995 to 2015 fully confirms the Schumpeterian loop.
SCHUMPETERIAN LOOPS IN INTERNATIONAL TRADE: THE EVIDENCE OF THE OECD COUNTRIES
CRISTIANO ANTONELLI
;
2021-01-01
Abstract
The paper shows how and why international trade and endogenous technological change are part of a Schumpeterian loop in advanced countries. Imports stir the creative response of firms exposed to global competition and engender the introduction of productivity-enhancing innovations that are contingent upon the knowledge and competence available in each industry. The introduction of new industry-specific technologies augments both productivity and exports. The long-term empirical evidence of the manufacturing industries of 13 OECD countries from 1995 to 2015 fully confirms the Schumpeterian loop.File in questo prodotto:
File | Dimensione | Formato | |
---|---|---|---|
ANTONELLI FEDER V.33.docx
Accesso riservato
Tipo di file:
POSTPRINT (VERSIONE FINALE DELL’AUTORE)
Dimensione
426.9 kB
Formato
Microsoft Word XML
|
426.9 kB | Microsoft Word XML | Visualizza/Apri Richiedi una copia |
ANTONELLI_FEDER_V.33.pdf
Accesso aperto
Tipo di file:
POSTPRINT (VERSIONE FINALE DELL’AUTORE)
Dimensione
512.81 kB
Formato
Adobe PDF
|
512.81 kB | Adobe PDF | Visualizza/Apri |
I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.