000 01254nam a22001457a 4500
999 _c522434
_d522434
008 230411b ||||| |||| 00| 0 eng d
100 _aCusolito, A.N., Marin, A.G. and Maloney, W.F.
_940041
245 _aProximity to the frontier, markups, and the response of innovation to foreign competition: Evidence from matched production-innovation surveys in Chile
260 _aAmerican Economic Review: Insights
300 _a5(1), Mar, 2023: p.35-54
520 _aThis paper employs a matched firm production-innovation panel dataset from Chile to explore the response of firm innovation to the increased competition arising from the China shock. The data cover a wider range of innovation inputs and outputs than previously possible and allow generating measures of markups and efficiency (TFPQ) that correspond closely to the concepts of rents and technological leadership envisaged in the Schumpeterian literature. Except for the 10 percent most productive plants that see an increase in quality, increased competition depresses most measures of innovation. These differences are exacerbated when interacted with plant-level movements in rents. – Reproduced
773 _aAmerican Economic Review: Insights
906 _aECONOMICS
942 _cAR