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We survey research on the relationship between technology and trade. We begin with the old literature, which treated … the state of technology as exogenous and asked how changes in technology affect the trade pattern and welfare. Recent … research and development. This allows one to examine not only how technology affects trade, but also how trade affects the …
Persistent link: https://www.econbiz.de/10013223065
change in structure. This paper seeks to fill the gap by study- ing the impact of domestic technology, foreign technology and … for 24 manufacturing industries. Holding time and industry effects constant we find that in most cases technology has the … technology constant we find mixed results for trade. Effects of trade on real wages are generally insignificant once time effects …
Persistent link: https://www.econbiz.de/10013237013
We present a model of R&D-driven growth which predicts that technology, in the form of product designs and created … industry benefits also from other industries' technology investments, an effect which is at least in part due to trade in … embodied technology. We find that the benefit derived from foreign R&D in the same industry is in the order of 50%-95% of the …
Persistent link: https://www.econbiz.de/10013239935
and firms in different countries. Motivated by the large share of the world's technology investments made by firms that … technological externalities, or spillovers. In addition to reviewing the recent empirical research on technology spillovers, the … discussion is guided by a new model of foreign direct investment, trade, and endogenous technology transfer. We find evidence for …
Persistent link: https://www.econbiz.de/10013070643
We construct a model of the product cycle featuring endogenous innovation and endogenous technology transfer …
Persistent link: https://www.econbiz.de/10013223071
Demand for less skilled workers decreased dramatically in the US and in other developed countries over the past two decades. We argue that pervasive skill-biased technological change rather than increased trade with the developing world is the principal culprit. The pervasiveness of this...
Persistent link: https://www.econbiz.de/10013229065
to study the impact of international trade on wage inequality. Skill premia are determined by technology and the relative … supply of skills. An increase in the relative supply of skills, holding technology constant, reduces the skill premium. Among … countries sharing the same technology, those with greater supplies will therefore have lower skill premia. An increase in the …
Persistent link: https://www.econbiz.de/10013243426
- as a response to occasional major changes in technology. When such a change occurs, leading nations may have no incentive …
Persistent link: https://www.econbiz.de/10012763517
of the effects of trade on the growth of technology are done using 27 annual cross-sections of 19 countries each, with …
Persistent link: https://www.econbiz.de/10013218910
Recent discussions of the effects of globalization and technological change on U.S. wages have suffered from inappropriate or missing references to the basic international trade theorems: The Factor Price Equalization Theorem, the Stolper-Samuelson Theorem and the Samuelson Duality Theorem....
Persistent link: https://www.econbiz.de/10013226994