NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Innovation and Production in the Global Economy

Costas Arkolakis, Natalia Ramondo, Andrés Rodríguez-Clare, Stephen Yeaple

NBER Working Paper No. 18972
Issued in April 2013, Revised in May 2017

---- Acknowledgements ----

We thank Treb Allen, Pol Antras, Ariel Burstein, Arnaud Costinot, Jonathan Eaton, Gene Grossman, Samuel Kortum, James Markusen, Veronica Rappoport, Felix Tintelnot, and Jonathan Vogel, as well as seminar participants at several seminars and conferences for insightful comments. We also thank Jakub Kominiarczuk, Xiangliang Li, Xiao Ma, and Masayuki Sawada for excellent research assistance. Rodríguez-Clare and Yeaple would like to thank the Human Capital Foundation, Rodríguez-Clare the Center for Equitable Growth, and Arkolakis the National Science Foundation for support. All remaining errors are our own. The statistical analysis of firm-level data on U.S. multinational corporations reported in this study was conducted at the International Investment Division, U.S. Bureau of Economic Analysis, under arrangements that maintained legal confidentiality requirements. Views expressed are those of the authors and do not necessarily reflect those of the Bureau of Economic Analysis or the National Bureau of Economic Research.

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