R&D Investment, Exporting, and Productivity Dynamics
2011 ◽
Vol 101
(4)
◽
pp. 1312-1344
◽
Keyword(s):
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)
2007 ◽
Vol 201
◽
pp. 86-96
◽
Keyword(s):
1991 ◽
Vol 01
(02)
◽
pp. 151-163
◽
2015 ◽
Vol 11
(4)
◽
pp. 847-874
◽
Keyword(s):
2007 ◽
Vol 12
(6)
◽
pp. 739-756
◽
2016 ◽
Vol 28
(5)
◽
pp. 532-559
◽
2021 ◽
Vol ahead-of-print
(ahead-of-print)
◽
Keyword(s):