How Does Innovation React to Geopolitical Risk and Shape Economic Consequences? A New Paper by the NBER Using Our ICRG Risk Data

How does innovation react to foreign political risk and shape economic consequences?

Using our ICRG risk data, and via a model with foreign political shocks that can disrupt the supply of foreign inputs, this piece published by the NBER, shows that greater political risk abroad increases domestic innovation, thereby lowering reliance on risky sourcing countries.  (https://www.nber.org/search?page=1&perPage=50&q=ICRG&sortBy=date)

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