Does Import Competition Induce R and D Reallocation? : Evidence from the U.S. /
We analyze the impact of rising import competition from China on U.S. innovative activities. Using Compustat data, we find that import competition induces R and D expenditures to be reallocated towards more productive and more profitable firms within each industry. Such reallocation effect has the p...
Egile nagusia: | |
---|---|
Beste egile batzuk: | |
Formatua: | Aldizkaria |
Hizkuntza: | English |
Argitaratua: |
Washington, D.C. :
International Monetary Fund,
2017.
|
Saila: | IMF Working Papers; Working Paper ;
No. 2017/253 |
Sarrera elektronikoa: | Full text available on IMF |