Trade in final goods and the impact of innovation

Dolores Añón Higón and Paul Stoneman

Economics Letters, 2011, vol. 110, issue 3, 197-199

Abstract: This paper analyses how innovations in imported final goods impact via terms of trade effects upon welfare growth in the domestic economy. It is shown that the impacts, although differing across countries, are quantitatively significant and worthy of further consideration.

Keywords: Innovation; Trade; Total; factor; productivity; growth (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:110:y:2011:i:3:p:197-199

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