Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/82012
Authors: 
Madsen, Jakob B.
Year of Publication: 
2004
Series/Report no.: 
EPRU Working Paper Series 2004-12
Abstract: 
This paper addresses two puzzles in international trade, namely why traditional estimates of income elasticities of exports are implausibly high and why the export growth varies much more markedly across countries than can be explained by price competitiveness and variations in income in export markets. Using data for 18 OECD countries it is shown that integration, the level of technology and the technological competitive position can, to a large degree, explain these two puzzles.
Subjects: 
technology
external patents
product variety
trade
ICT revolution
JEL: 
F10
O30
Document Type: 
Working Paper

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