CLOSING THE TECHNOLOGY GAP UNDER PROTECTION

成果类型:
Article
署名作者:
MIYAGIWA, K; OHNO, Y
署名单位:
Oregon State University; Chinese University of Hong Kong
刊物名称:
AMERICAN ECONOMIC REVIEW
ISSN/ISSBN:
0002-8282
发表日期:
1995
页码:
755-770
关键词:
North-South trade INNOVATION adoption TARIFFS
摘要:
This paper explores the linkage between protection and the speed with which a protected firm adopts new technology. Of primary importance here is the distinction between permanent and temporary protection on the one hand, and between tariffs and quotas on the other. We find that a permanent tariff speeds up adoption, but a permanent quota delays adoption unless the quota is highly restrictive. However, temporary protection (i.e., protection that remains effective until the firm adopts new technology) always delays the timing of technology adoption.