Does Import Competition Induce R D Reallocation Evidence from the U S is popular PDF and ePub book, written by Rui Xu in 2017-11-16, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Does Import Competition Induce R D Reallocation Evidence from the U S can be Read Online from any device for your convenience.
Does Import Competition Induce R D Reallocation Evidence from the U S Book PDF Summary
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&D expenditures to be reallocated towards more productive and more profitable firms within each industry. Such reallocation effect has the potential to offset the average drop in firm-level R&D identified in the previous literature. Indeed, our quantitative analysis shows no adverse impact of import competition on aggregate R&D expenditures. Taking the analysis beyond manufacturing, we find that import competition has led to reallocation of researchers towards booming service industries, including business and repairs, personal services, and financial services.
Detail Book of Does Import Competition Induce R D Reallocation Evidence from the U S PDF
- Author : Rui Xu
- Release : 16 November 2017
- Publisher : International Monetary Fund
- ISBN : 9781484326008
- Genre : Business & Economics
- Total Page : 44 pages
- Language : English
- PDF File Size : 20,8 Mb
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