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Innovation, Trade, and Growth

Jonathan Eaton and Samuel Kortum

DEGIT Conference Papers from DEGIT, Dynamics, Economic Growth, and International Trade

Abstract: We consider the interaction of trade and technology diffusion in a two-region model of innovation and imitation. We find that globalization, either in the form of lower trade barriers or in faster diffusion of technology between innovator and imitator spurs innovation, benefiting both regions.

Pages: 14 pages
Date: 2004-06
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