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발간물

World Economy Brief

World Economy Brief 상세
제목 International Comparison and Trade Effects of Digital Innovation
저자 Nakgyoon Choi, Kyu Yub Lee and Hyuk-Hwang Kim
발간일 2019-01-18
첨부파일 WEB 19-01.pdf 

Digital innovation will bring about revolutionary changes in all activities in the social and political sphere, not to mention the areas of technology, industry, trade, and other economic transactions. In this study, we analyzed the level of digital innovation and digital utilization by country and industry. According to the results of our analysis, significant improvement was made in the world's digital innovation (number of patents), led by the U.S. and Japan, showing a stair-step increase in the years of 1998 and 2010. This study also examines the impact of digital innovation on international trade. Counterfactual analysis based on a variant of the Ricardian model shows that digital innovation is beneficial to international trade. In other words, if digital innovation boosts fundamental productivity, it triggers growth in international trade at both sector-level and country-level.  

EMERiCs CSF EAER KEI한미경제연구소 통합무역정보서비스 국가정책연구포털 대한민국정부 청탁금지법 통합검색 청렴신문고 개인정보보호위원회

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