R&D Investment, Exporting, and Productivity Dynamics

被引:415
作者
Aw, Bee Yan [1 ]
Roberts, Mark J. [1 ]
Xu, Daniel Yi [2 ,3 ]
机构
[1] Penn State Univ, Dept Econ, University Pk, PA 16870 USA
[2] Natl Bur Econ Res, Cambridge, MA 02138 USA
[3] NYU, Dept Econ, New York, NY 10012 USA
关键词
MARKET PARTICIPATION; IMPACT; HETEROGENEITY; INNOVATION; EVOLUTION; COLOMBIA; INDUSTRY; ENTRY; TRADE; PLANT;
D O I
10.1257/aer.101.4.1312
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper estimates a dynamic structural model of a producer's decision to invest in R&D and export, allowing both choices to endogenously affect the future path of productivity. Using plant-level data for the Taiwanese electronics industry, both activities are found to have a positive effect on the plant's future productivity. This in turn drives more plants to self-select into both activities, contributing to further productivity gains. Simulations of an expansion of the export market are shown to increase both exporting and R&D investment and generate a gradual within-plant productivity improvement. (JEL D24, F14, G31, L63, O31, O33)
引用
收藏
页码:1312 / 1344
页数:33
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