Dinopoulos, Elias; Segerstrom, Paul - Institutet för Näringslivsforskning (IFN) - 1996
This paper presents a dynamic general equilibrium model of trade between two advanced countries in which both …-South) trade explanation for increasing relative wage inequality. A global reduction in trade barriers increases R&D investment and … upgrading, if and only if R&D is the skill-intensive activity relative to manufacturing of final products. Trade liberalization …