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examining inter-relationship between knowledge spillovers from imports and inward FDI. Moreover, human capital is added to the … discussion as one of the appropri- ability conditions for knowledge spillovers. However, in comparison to most studies that rely …, a strong complementary rela- tionship is found between knowledge spillovers through the channels of imports and inward …
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This paper develops a dynamic Heckscher Ohlin Samuelson model with sector-specific human capital and overlapping generations to characterize the dynamics and welfare implications of gradual labor market adjustment to trade. Our model is tractable enough to yield sharp analytic results, that...
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