Series: IMF Working Papers
Author(s): Rui Xu , and Kaiji Gong
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 16 November 2017
Keywords: Western Hemisphere, Asia and Pacific, United States, Chinese Import Competition, R&D Expenditures, Reallocation, R&D Expenditures, Country and Industry Studies of Trade, Trade and Labor Market Interactions
We analyze the impact of rising import competition from China on U.S. innovative activities. Using Compustat data, we find that import competition induces R&D expenditures to be reallocated towards more productive...