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Explaining Japan's Innovation and Trade: A model of Quality Competition and Dynamic Comparive Advantage

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NBER1989-12-01 更新2025-01-04 收录
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In this paper, I develop a model of dynamic comparative advantage based on endogenous innovation. Firms in each of two countries devote resources to R&D in order to improve the quality of high-technology products. Research successes generate profit opportunities in the world market. The model

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1989-12-01
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