valuation of firms in the transition as technology changes, and whether or not share prices are always increasing when … technology improves. We find that there can be a U-shaped transition dynamic, so that an initial boom in share price is followed … by a temporary fall in share price even though the underlying technology is improving. …

This paper provides empirical evidence on the complex role played by technology in affecting the relationship between … technology is analysed by taking into account both the technological intensity of offshoring industries and that of their GVC …

We study how technology adoption and changes in global value chain (GVC) integration jointly affect labor shares and …

reduced emission abatement in the US, but also the spillover effects on technology and countries relative bargaining power … induced by the US decision. Therefore, it is crucial to analyse whether an incentive strategy exists that could induce the US … strategy, and on the other hand the incentives for the US to join a coalition which cooperates both on climate change control …

This paper analyses an open economy Ramsey model with an endogenous labour supply without capital. The technology … technology shocks, both anticipated and unanticipated. …