Technological regimes and catching up in the product space
构建了一个微观基础模型,研究国家在产品空间中的多样化路径,发现企业处于创业型体制的国家在多数国家为常规型体制时出口篮子扩张更快,而所有国家体制相同时追赶更难。
Abstract This article proposes a micro-founded model of countries’ diversification trajectories in the product space. We argue that the type of technological regime under which countries operate conditions their export performance and diversification trajectories. In particular, repeated simulations show that countries with firms operating under an entrepreneurial regime expand their export basket faster when most other countries are characterized by a routinized regime. Simulations also show that catching-up trajectories in the product space are less likely when all countries operate under the same technological regime.