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...

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Xehetasun bibliografikoak
Egile nagusia: Xu, Rui
Beste egile batzuk: Gong, Kaiji
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