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A Schumpeterian Model of the Product Life Cycle

Segerstrom, Paul S. - ; Anant, T. C. A. - ; Dinopoulos, Elias - ;

This paper presents a dynamic general equilibrium model of North-South trade in which research and development races between firms determine the rate of product innovation in the North. Tariffs designed to protect dying industries in the North from Southern competition reduce the steady-state number of dominant firms in the North, reduce the rate of product innovation, and increase the relative wage of Northern workers.


Ketersediaan

Call NumberLocationAvailable
PSB lt.2 - Karya Akhir1
TAER 8005PSB lt.dasar - Pascasarjana1
PenerbitNashville: American Economic Association 1990
EdisiVol. 80, No. 5, Dec., 1990
SubjekProduct life cycle
R & D
Schumpeterian model
North-South trade
ISBN/ISSN0002-8282
KlasifikasiNONE
Deskripsi Fisik15 p.
Info Detail SpesifikThe American Economic Review
Other Version/RelatedTidak tersedia versi lain
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  • A Schumpeterian Model of the Product Life Cycle

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