depressing effect on their relative wages through world goods prices. In contrast, in the Heckscher-Ohlin model with small open … economies, the skill-bias of local technological changes do not affect wages. Thus, pervasiveness deals with a major criticism … employed despite rising or stable relative wages. Second, increases in demand for skills were concentrated in the same …

the cost and productivity effects, this specification is integrated into a flexible neoclassical cost function. The …, these cost savings can be very large. The estimates of productivity effects are also positive, albeit rather small. …

the cost and productivity effects, this specification is integrated into a flexible neoclassical cost function. …

Unlike previous analyses, we consider (i) that IT may affect productivity growth both directly and indirectly, through …