Showing 1 - 10 of 34
We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose … production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … substitution between goods and other parameters. Third, we show that the interplay between innovation and standardization may lead …
Persistent link: https://www.econbiz.de/10013144153
Innovation is often predicated on discovering useful new combinations of existing knowledge in highly complex knowledge …, and particle physics. We develop a combinatorial-based knowledge production function and embed it in the classic Jones …. This production function is a generalization (and reinterpretation) of the Romer/Jones knowledge production function …
Persistent link: https://www.econbiz.de/10012920884
Online contract labor globalizes traditionally local labor markets, with platforms that enable employers, most of whom are in high-income countries, to more easily outsource tasks to contractors, primarily located in low-income countries. This market is growing rapidly; we provide descriptive...
Persistent link: https://www.econbiz.de/10013062548
technological information. FDI is an alternate, potentially equally important channel for the mediation of such knowledge spillovers …. I introduce a framework for measuring international knowledge spillovers at the firm level, and I use this framework to … directly test the hypothesis that FDI is a channel of knowledge spillovers for Japanese multinationals undertaking direct …
Persistent link: https://www.econbiz.de/10013226164
location, which has been taken as evidence of geographically localized knowledge spillovers. In this study, we find that patent … in question, which we interpret as evidence of a significant role played by social capital in promoting knowledge … find strong evidence in support of the enduring social capital hypothesis; social ties that facilitate knowledge transfer …
Persistent link: https://www.econbiz.de/10013213053
We conduct the first empirical test of the knowledge burden hypothesis, one of several theories advanced to explain … increasing team sizes in science. For identification, we exploit the collapse of the USSR as an exogenous shock to the knowledge …
Persistent link: https://www.econbiz.de/10013061819
In the standard model of human capital with perfect labor markets general training. When labor market frictions compress the structure of wages in the general skills of their employees. The reason is that the distortion in the wage structure" turn technologically' general skills into specific'...
Persistent link: https://www.econbiz.de/10013321573
data from Portugal, a country which implemented one of the most dramatic and thorough policies of entry deregulation in the …
Persistent link: https://www.econbiz.de/10013069155
This paper considers the effects of Chinese import competition on firm-level labor market outcomes in Portugal. We … examine direct competition in the Portuguese market and indirect competition Portugal's largest export markets in Western … export markets, but minimal effects of direct competition in Portugal. Our findings also suggest a centrally important role …
Persistent link: https://www.econbiz.de/10012862862
We extend the basic Schumpeterian endogenous growth model by allowing incumbents to undertake innovations to improve their products, while entrants engage in more "radical" innovations to replace incumbents. Our model provides a tractable framework for the analysis of growth driven by both entry...
Persistent link: https://www.econbiz.de/10013137600