Leapfrogging cycles in international competition

Verfasser / Beitragende:
[Yuichi Furukawa]
Ort, Verlag, Jahr:
2015
Enthalten in:
Economic Theory, 59/2(2015-06-01), 401-433
Format:
Artikel (online)
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024 7 0 |a 10.1007/s00199-014-0850-y  |2 doi 
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100 1 |a Furukawa  |D Yuichi  |u School of Economics, Chukyo University, 101-2 Yagoto-honmachi, Showa-ku, 466-8666, Nagoya, Japan  |4 aut 
245 1 0 |a Leapfrogging cycles in international competition  |h [Elektronische Daten]  |c [Yuichi Furukawa] 
520 3 |a Technological leadership has shifted at various times from one country to another. We propose a mechanism that explains this perpetual cycle of technological leapfrogging in a two-country model including the dynamic optimization of an infinitely lived consumer. In the model, each country accumulates knowledge stock over time because of domestic innovation and spillovers from foreign innovation. We show that if the international knowledge spillovers are reasonably efficient, technological leadership may shift first from one country to another, and then alternate between countries along an equilibrium path. 
540 |a Springer-Verlag Berlin Heidelberg, 2014 
690 7 |a Perpetual leapfrogging  |2 nationallicence 
690 7 |a Innovation cycles  |2 nationallicence 
690 7 |a Growth cycles  |2 nationallicence 
690 7 |a Endogenous innovation  |2 nationallicence 
690 7 |a Knowledge spillovers  |2 nationallicence 
773 0 |t Economic Theory  |d Springer Berlin Heidelberg  |g 59/2(2015-06-01), 401-433  |x 0938-2259  |q 59:2<401  |1 2015  |2 59  |o 199 
856 4 0 |u https://doi.org/10.1007/s00199-014-0850-y  |q text/html  |z Onlinezugriff via DOI 
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900 7 |a Metadata rights reserved  |b Springer special CC-BY-NC licence  |2 nationallicence 
908 |D 1  |a research-article  |2 jats 
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950 |B NATIONALLICENCE  |P 856  |E 40  |u https://doi.org/10.1007/s00199-014-0850-y  |q text/html  |z Onlinezugriff via DOI 
950 |B NATIONALLICENCE  |P 100  |E 1-  |a Furukawa  |D Yuichi  |u School of Economics, Chukyo University, 101-2 Yagoto-honmachi, Showa-ku, 466-8666, Nagoya, Japan  |4 aut 
950 |B NATIONALLICENCE  |P 773  |E 0-  |t Economic Theory  |d Springer Berlin Heidelberg  |g 59/2(2015-06-01), 401-433  |x 0938-2259  |q 59:2<401  |1 2015  |2 59  |o 199