Chu, Angus C.; Cozzi, Guido; Furukawa, Yuichi - Volkswirtschaftliche Fakultät, … - 2012
In this study, we analyze the effects of labor shortage in China on the direction of innovation in the US by incorporating production offshoring into a North-South model of directed technical change. We �find that if offshoring is present (absent) in equilibrium, then a decrease (an increase)...