| Publications [#239261] of Daniel Yi Xu
Journal Articles
- Aw, BY; Roberts, MJ; Xu, DY, R&D investment, exporting, and productivity dynamics,
American Economic Review, vol. 101 no. 4
(June, 2011),
pp. 1312-1344, American Economic Association, ISSN 0002-8282 [doi]
(last updated on 2024/04/19)
Abstract: This paper estimates a dynamic structural model of a producer's decision to invest in R&D and export, allowing both choices to endogenously affect the future path of productivity. Using plant-level data for the Taiwanese electronics industry, both activities are found to have a positive effect on the plant's future productivity. This in turn drives more plants to self-select into both activities, contributing to further productivity gains. Simulations of an expansion of the export market are shown to increase both exporting and R&D investment and generate a gradual within-plant productivity improvement. © The Nobel Foundation 2010.
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