Minford, Patrick; Riley, Jonathan; Nowell, Eric - In: Journal of Development Studies 34 (1997) 2, pp. 1-34
Whether the plight of OECD unskilled labour is due to trade or technology is examined with a general equilibrium Heckscher-Ohlin calibrated model of North and South. Technology transfer from North to South via direct foreign investment in unskilled-labour-intensive manufacturing industries is...