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Global Innovation and Knowledge Diffusion

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NBER2022-01-01 更新2025-01-04 收录
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https://www.nber.org/papers/w29629
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We develop a Ricardian model of trade in which countries innovate ideas that diffuse across the globe. In this model, the forces of innovation and diffusion combine to shape trade substitution patterns. Innovation makes a country technologically distinct, reducing their substitutability with other
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2022-01-01
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