Trade , rm selection , and innovation : the competition channel

@inproceedings{Impullitti2010TradeR,
  title={Trade , rm selection , and innovation : the competition channel},
  author={Giammario Impullitti and Omar Licandro},
  year={2010}
}
The availability of rich …rm-level data sets has recently led researchers to uncover new evidence on the e¤ects of trade liberalization. First, trade openness forces the least productive …rms to exit the market. Secondly, it induces surviving …rms to increase their innovation e¤orts and thirdly, it increases the degree of product market competition. In this… CONTINUE READING