Showing 1 - 10 of 27
Health expenditures as a share of GDP have more than tripled over the last half century. A common conjecture is that this is primarily a consequence of rising real per capita income, which more than doubled over the same period. We investigate this hypothesis empirically by instrumenting for...
Persistent link: https://www.econbiz.de/10005662110
When new technologies become available, it is not only essential that firms have the correct investment incentives, but often also that consumers make the proper usage decisions. This paper studies investment and usage in a shared ATM network. Because all banks coordinate their ATM investment...
Persistent link: https://www.econbiz.de/10005662325
The U.K. skill premium fell from the 1950s to the late 1970s and then rose very sharply. This paper examines the contributions to these relative wage movements of international trade and technical change. We first measure trade as changes in product prices and technical change as TFP growth....
Persistent link: https://www.econbiz.de/10005789090
This paper examines the effects on technology transfer and spillovers deriving from ownership sharing of foreign …
Persistent link: https://www.econbiz.de/10005791580
-intensive technology because a lowering of variable costs requires additional use of skilled labour. This way, we establish a link between … trade, technology and relative returns to skilled and unskilled labour. Moreover, we show that as market integration …
Persistent link: https://www.econbiz.de/10005791636
We survey an emerging literature at the intersection of organizational economics and international trade. We argue that a proper modelling of the organizational aspects of production provides valuable insights on the aggregate workings of the world economy. In reviewing the literature, we...
Persistent link: https://www.econbiz.de/10005791747
To stay on top of global competition, firms and governments often need to acquire innovative goods and services, including ideas and research, from their strategic suppliers. A careful design of procurement policy is crucial to make potential suppliers generate and sell the most suitable...
Persistent link: https://www.econbiz.de/10005791875
This paper builds on earlier evidence showing that, while most countries exhibit little evidence of unconditional income convergence, countries that trade heavily with one another tend to exhibit a much higher incidence of convergence. Two alternative explanations for the trade-related...
Persistent link: https://www.econbiz.de/10005791990
of knowledge and technology in economic growth. …
Persistent link: https://www.econbiz.de/10005792232
technology (like R&D). Technologies can account for up to a quarter of the growth in demand for the college educated in the …
Persistent link: https://www.econbiz.de/10008553070