Exports, product differentiation and knowledge spillovers

Leon-Ledesma, M.A. (2005) Exports, product differentiation and knowledge spillovers. Open Economies Review, 16 (4). pp. 363-379. (The full text of this publication is not available from this repository)

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ftp://ftp.ukc.ac.uk/pub/ejr/RePEc/ukc/ukcedp/0206....

Abstract

Empirical studies on aggregate export behavior have recently emphasized the role played by innovation as the main force driving product differentiation and competitiveness for developed countries. These studies treat foreign innovation as a variable that affects negatively national export shares. We incorporate the impact of foreign innovation in a standard new trade theory model and find that, if knowledge spillovers exist, foreign knowledge accumulation could even have a positive effect on national exports. We then test the model using aggregate export data for a set of 21 OECD economies and find that the foreign stock of knowledge affects exports positively for the less advanced countries in the sample and negatively for the G7 economies.

Item Type: Article
Uncontrolled keywords: knowledge spillovers; product differentiation; export functions; panel cointegration
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculties > Social Sciences > School of Economics
Depositing User: Miguel Leon-Ledesma
Date Deposited: 30 Sep 2008 11:24
Last Modified: 14 Jan 2010 14:23
Resource URI: http://kar.kent.ac.uk/id/eprint/6150 (The current URI for this page, for reference purposes)
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