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Schumpeterian loops in international trade: the evidence of the oecd countries

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  • Cristiano Antonelli

    (Università degli Studi di Torino
    BRICK, Collegio Carlo Alberto)

  • Christophe Feder

    (BRICK, Collegio Carlo Alberto
    Università della Valle d’Aosta)

Abstract

The paper shows how and why international trade and endogenous technological change are part of a Schumpeterian loop in advanced countries. Imports stir the creative response of firms exposed to global competition and engender the introduction of productivity-enhancing innovations that are contingent upon the knowledge and competence available in each industry. The introduction of new industry-specific technologies augments both productivity and exports. The long-term empirical evidence of the manufacturing industries of 13 OECD countries from 1995 to 2015 fully confirms the Schumpeterian loop.

Suggested Citation

  • Cristiano Antonelli & Christophe Feder, 2021. "Schumpeterian loops in international trade: the evidence of the oecd countries," Journal of Evolutionary Economics, Springer, vol. 31(3), pages 799-820, July.
    • Handle: RePEc:spr:joevec:v:31:y:2021:i:3:d:10.1007_s00191-021-00725-8
    DOI: 10.1007/s00191-021-00725-8
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    1. Novaresio, Anna & Patrucco, Pier Paolo, 2023. "Innovation and trade in the automotive industry: evidence from European countries (1990-2018)," Department of Economics and Statistics Cognetti de Martiis. Working Papers 202306, University of Turin.

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    More about this item

    Keywords

    Heckscher-Ohlin; Localized learning; Creative response; Industry-specific technological change;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation

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