期刊名称:Departmental Discussion Papers / University of Glasgow, Department of Economics
出版年度:2008
卷号:1
出版社:University of Glasgow, Department of Economics
摘要:If economic agents coordinate on social norms more oriented
towards the protection of national industries, an asymmetric in-
ternational specialization in the research and development (R&D)
arises even in a tari¡èfree world with no a priori di¡èerences across
countries in endowments, demography or technology.
This paper exploits the indi¡èerence in the composition of R&D
expenditure across sectors of the typical multi-sector Schumpeterian
framework (forward-looking decisions, CRS R&D technology and
free entry) to construct a theory of the international allocation of
innovation and education based on sunspot equilibrium. A role
for industrial policies as mere coordination devices emerges in an
international Schumpeterian framework. The implications for the
relationships between inequality and growth are examined.