Conference, Bournemouth University (BU), Bournemouth, UK Arnoldshain Seminar XVI, “New Developments in International Trade and Innovation in a Changing World”, June 19-21, 2019, Bournemouth, UK. This paper was also accepted (but not presented) at Reunión Anual Asociación Argentina de Economía Política (AAEP) LIII, November 13-16, 2018, La Plata, Argentina.