MINIMUM WAGES, IMPORT STATUS, AND FIRMS' INNOVATION: THEORY AND EVIDENCE FROM CHINA.
This study explores the heterogeneous effects of minimum wage on innovation of different types of firms. We develop an open‐economy R&D‐based growth model and obtain the following result: raising the minimum wage reduces innovation of firms that use domestic inputs but increases innovation of firms...
| Publicado en: | Economic Inquiry Vol. 59; no. 1; pp. 441 - 459 |
|---|---|
| Autores principales: | , , , , |
| Formato: | Artículo |
| Publicado: |
Wiley-Blackwell
Jan2021
|
| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=147223354&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 147223354 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 00952583 EIQ jtl: Economic Inquiry issn: 00952583 maglogo: Y pubinfo: dt: Jan2021 vid: 59 iid: 1 pid: 480 pub: Wiley-Blackwell artinfo: ui: 147223354 10.1111/ecin.12933 ppf: 441 ppct: 18 formats: fmt: – @attributes: type: T – @attributes: type: C – @attributes: type: P size: 618KB tig: atl: MINIMUM WAGES, IMPORT STATUS, AND FIRMS' INNOVATION: THEORY AND EVIDENCE FROM CHINA. aug: au: Chu, Angus C. Fan, Haichao Furukawa, Yuichi Kou, Zonglai Liu, Xueyue affil: Management School, University of Liverpool, Liverpool L69 3BX,, UK Institute of World Economy, School of Economics, Fudan University, Shanghai 200433,, China School of Economics, Aichi University, Nagoya 4418522,, Japan China Center for Economic Studies, School of Economics, Fudan University, Shanghai 200433,, China School of Economics, Fudan University, Shanghai 200433,, China su: China Minimum wage Technological innovations Robust statistics Patents sug: subj: Minimum wage Technological innovations China Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors Offices of Lawyers All Other Legal Services Robust statistics Patents ab: This study explores the heterogeneous effects of minimum wage on innovation of different types of firms. We develop an open‐economy R&D‐based growth model and obtain the following result: raising the minimum wage reduces innovation of firms that use domestic inputs but increases innovation of firms that import foreign inputs. We test this result using city‐level data on minimum wages and firm‐level patent data in China. In accordance with our theory, we find that raising the minimum wage is associated with more innovation by importing firms and less by non‐importing firms. This result survives a battery of robustness checks. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
|---|