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skills. In particular, the prescriptions by the conventional trade theory will be contrasted with a view taking into account …
Persistent link: https://www.econbiz.de/10012909972
We analyze how globalization has affected the sectoral anatomy of regional growth in Germany over the period 1978 …
Persistent link: https://www.econbiz.de/10013054568
technology, globalization tends to lead to convergence. Moreover, under non-convex technology trade and migration tend to be … channels, on internal income distribution, international income convergence and on whether migration and trade are substitutes … the effects of migration on the accumulation of both knowledge and human capital, by invoking endogenous growth theory …
Persistent link: https://www.econbiz.de/10013098128
-skill occupations. We estimate the determinants of workers' RTI as a function of technology (computer use), globalization …. Globalization (as measured by sector foreign value-added share) increases RTI in poorer countries but reduces RTI in richer … globalization also important. Technology contributes the most to the differences in RTI among workers in high-skilled occupations …
Persistent link: https://www.econbiz.de/10012870142
, in contrast, that σ is affected by both globalization and technology, and that different intensities in these drivers … substitution between capital and labor is below unity; that it increases along with the degree of globalization; but it decreases …-output ratio on the labor share irrespective of the degree of globalization (which would be consistent with an average aggregate …
Persistent link: https://www.econbiz.de/10012950903
We investigate whether Chinese household incomes have caught up to those of the middle class in the developed world … neither poor nor rich in the developed world, we estimate that China's global middle class grew rapidly after 2002, reaching …
Persistent link: https://www.econbiz.de/10012870136
The theory of endogenous technical change has deeply contributed to our understanding of the fundamental sources of …
Persistent link: https://www.econbiz.de/10012777881
The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The combination of a macroeconomic production function and...
Persistent link: https://www.econbiz.de/10013023751
This paper is intended to provide an updated discussion on a series of issues that the relevant literature suggests to be crucial in dealing with the challenges a middle income country may encounter in its attempts to further catch-up a higher income status. In particular, the conventional...
Persistent link: https://www.econbiz.de/10013033677
This paper investigates the factors that determine differences across OECD countries in health outcomes, using data on life expectancy at age 65, over the period 1960 to 2007. We estimate a production function where life expectancy depends on health and social spending, lifestyle variables, and...
Persistent link: https://www.econbiz.de/10013068471