The Product Cycle Hypothesis: the Role of Quality Upgrading and Market Size
The Product Cycle Hypothesis: the Role of Quality Upgrading and Market Size
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产品周期假说：质量升级和市场规模的作用
DOI：
10.1016/j.iref.2015.04.014
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发表时间：
2015
影响因子：
4.5
通讯作者：
Yan Ma
中科院分区：
文献类型：
--
作者：
井上健;阿部高樹;小山良太;Yan Ma
我们建立了一个动态模型，其中创新企业将新产品的生产从北方转移到南方的时间是内生决定的。是否在南方生产的决定涉及到低工资带来的边际成本节约与固定协调成本之间的权衡。创新企业投资于研发，以提高新产品的质量，从而扩大市场规模，并节省在南方生产的成本。我们证明了一种新产品最初是在北方生产的，当它的质量得到充分提高时，它的生产地点就会转移到南方。我们还研究了生产地点与质量改进速度之间的相互作用。
We develop a dynamic model in which the timing of innovating firm to relocate the production of a new product from North to South is endogenously determined. The decision of whether to produce in the South involves a trade-off between marginal cost savings from lower wages against a fixed coordination cost. The innovating firm invests in R&D to improve the quality of a new product, which raises the size of the market and the cost savings from producing in the South. We demonstrate that a new product is initially produced in the North and its production location is shifted to the South when its quality is sufficiently improved. We also investigate the interaction between the location of production and the rate of quality improvement.