Growth and risk: A view from international trade
This paper studies the cross-country patterns of risky innovation and growth through the lens of international trade. We use a simple theoretical framework of risky quality upgrading by firms under varying levels of financial development to derive two predictions. First, the mean rate of quality gro...
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| Main Authors: | , , , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2023
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soe_research/2754 https://ink.library.smu.edu.sg/context/soe_research/article/3753/viewcontent/krishna_levchenko_ma_maloney_2023.pdf |
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| Institution: | Singapore Management University |
| Language: | English |