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INNOVATION AND EXPORT VOLUMES AND PRICES - A DISAGGREGATED STUDY

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UNSPECIFIED (1994) INNOVATION AND EXPORT VOLUMES AND PRICES - A DISAGGREGATED STUDY. OXFORD ECONOMIC PAPERS-NEW SERIES, 46 (1). pp. 102-135. ISSN 0030-7653

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Abstract

The paper explores the role of innovation in the determination of both net exports and export prices. The analysis is conducted for 36 industry groups covering both manufacturers and services in the UK. The data are annual time series and these are analysed using the techniques of co-integration to establish the existence of significant time-series relationships between innovation and trade performance. Innovation was measured by survey data and by patent statistics. The empirical findings support the view that successful R&D has a quantitatively significant impact on the balance of trade in a variety of industries and services.

Item Type: Journal Article
Subjects: H Social Sciences > HC Economic History and Conditions
Journal or Publication Title: OXFORD ECONOMIC PAPERS-NEW SERIES
Publisher: OXFORD UNIV PRESS UNITED KINGDOM
ISSN: 0030-7653
Date: January 1994
Volume: 46
Number: 1
Number of Pages: 34
Page Range: pp. 102-135
Publication Status: Published
URI: http://wrap.warwick.ac.uk/id/eprint/20721

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