3D printing, international trade, and FDI
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Títol
3D printing, international trade, and FDIData de publicació
2020-02Editor
ElsevierCita bibliogràfica
ABELIANSKY, Ana Lucia; MARTINEZ-ZARZOSO, Inmaculada; PRETTNER, Klaus (2020). 3D printing, international trade, and FDI. Economic Modelling, v. 85, p. 288-306Tipus de document
info:eu-repo/semantics/articleVersió de l'editorial
https://www.sciencedirect.com/science/article/pii/S0264999319304924Versió
info:eu-repo/semantics/publishedVersionParaules clau / Matèries
Resum
We analyze the relationship between 3D printing, the volume of trade and the structure of foreign
direct investment (FDI). A novel framework with rm-speci c heterogeneity and 3D printing generates three
predictions. ... [+]
We analyze the relationship between 3D printing, the volume of trade and the structure of foreign
direct investment (FDI). A novel framework with rm-speci c heterogeneity and 3D printing generates three
predictions. First, 3D printers are introduced in areas with high economic activity that face high transport
costs. Second, technological progress in 3D printing leads to FDI dependent on traditional techniques
gradually being replaced with FDI based on 3D printing techniques. Third, with wider adoption, further
technological progress in 3D printing leads to a gradual replacement of international trade. Empirical
evidence looking at the sectors with the highest rates of adoption supports the rst hypothesis, while
anecdotal evidence supports the second and third. Our results suggest that the traditional strategy of
poor countries for export-led industrialization is threatened by the widespread adoption of 3D printing that
replaces trade. [-]
Publicat a
Economic Modelling (2020), v. 85Proyecto de investigación
Spanish Ministry of Economy and Competitiveness (ECO 2017-83255-C3-3-P, AEI, FEDER, EU) and the University Jaume I (UJI-B2017-33Drets d'accés
http://rightsstatements.org/vocab/CNE/1.0/
info:eu-repo/semantics/openAccess
info:eu-repo/semantics/openAccess
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