Arbeitspapier

Technological Revolutions, Innovations, and Trade Performance

This paper addresses two puzzles in international trade, namely why traditional estimates of income elasticities of exports are implausibly high and why the export growth varies much more markedly across countries than can be explained by price competitiveness and variations in income in export markets. Using data for 18 OECD countries it is shown that integration, the level of technology and the technological competitive position can, to a large degree, explain these two puzzles.

Language
Englisch

Bibliographic citation
Series: EPRU Working Paper Series ; No. 2004-12

Classification
Wirtschaft
Trade: General
Innovation; Research and Development; Technological Change; Intellectual Property Rights: General
Subject
technology
external patents
product variety
trade
ICT revolution
Einkommenselastizität
Technischer Fortschritt
Patent
Produktdifferenzierung
Außenhandel
Schätzung
OECD-Staaten

Event
Geistige Schöpfung
(who)
Madsen, Jakob B.
Event
Veröffentlichung
(who)
University of Copenhagen, Economic Policy Research Unit (EPRU)
(where)
Copenhagen
(when)
2004

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Madsen, Jakob B.
  • University of Copenhagen, Economic Policy Research Unit (EPRU)

Time of origin

  • 2004

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