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Offshoring and Directed Technical Change
Acemoglu, Daron; Gancia, Gino; Zilibotti, Fabrizio - Barcelona Graduate School of Economics (Barcelona GSE) - 2014
We study the short- and long-run implications of offshoring on innovation, technology adoption, wage and income …-abundant West to a skill-scarce East. Profit maximization determines both the extent of offshoring and technological progress …. offshoring induces technical change with an ambiguous factor bias. When the initial level of offshoring is low, an increase in …
Persistent link: https://www.econbiz.de/10010950605
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The Skill Bias of World Trade
Epifani, Paolo; Gancia, Gino - Barcelona Graduate School of Economics (Barcelona GSE) - 2004
Under plausible assumptions about preferences and technology, the model in this paper suggests that the entire volume of world trade matters for wage inequality. Therefore, trade integration, even among identical countries, is likely to increase the skill premium. Further, we argue that...
Persistent link: https://www.econbiz.de/10010547181
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Trade, Firm Selection, and Innovation: the Competition Channel
Impullitti, Giammario; Licandro, Omar - Barcelona Graduate School of Economics (Barcelona GSE) - 2010
The availability of rich rm-level data sets has recently led researchers to uncover new evidence on the eects of trade liberalization. First, trade openness forces the least productive firmto exit the market. Secondly, it induces surviving firms to increase their innovation efforts and thirdly,...
Persistent link: https://www.econbiz.de/10010547502