Innovation, product quality, complexity, and duration of international trade

Innovation;Product quality;Complexity;Trade duration

Yan, Sen ; Besedes, Tibor Economics Li, Haizheng Nair-Reichert, Usha Lee, Seung Hoon Sauermann, Henry ; Besedes, Tibor

University:Georgia Institute of Technology

Department:Economics

关键词: Innovation;    Product quality;    Complexity;    Trade duration;   

Others  :  https://smartech.gatech.edu/bitstream/1853/58695/1/YAN-DISSERTATION-2017.pdf

美国|英语

来源: SMARTech Repository

【 摘 要 】

Factors affecting products arrive and duration in international market are examined. Intellectual property rights (IPR) and innovation are suggested to influence exports of new products. Product quality and complexity are suggested to impact duration of trade relationships by theories. Trade data are collected from UN Comtrade and Feenstra et al (2002). Results indicate that IPR protection increases the number of new products exported to U.S. for poor countries. In addition, products with higher quality have longer trade duration and larger trade growth. More complex goods are more likely to survive than simple goods. Findings suggest that technology and innovation play an important role determining trade patterns.