We introduce firm and worker heterogeneity into a model of innovation-driven endogenous growth. Individuals who differ in ability sort into either a research sector or a manufacturing sector that produces differentiated goods. Each research project generates a new variety of the differentiated...

Historical background -- I. The traditional approach: The rise of the college wage premium -- Early studies -- Trade versus technology -- Offshoring -- II. Broadening the canvas: Matching workers with jobs -- Regional disparity -- Firm characteristics -- Technology choice -- Residual inequality

Cover -- Title Page -- Copyright -- Dedication -- Contents -- Preface -- Introduction -- 1. Historical Background -- Part I. The Traditional Approach -- 2. The Rise of the College Wage Premium -- 3. Early Studies -- 4. Trade versus Technology -- 5. Offshoring -- Part II. Broadening the Canvas --...

We examine the growth promoting roles of R&D, international R&D spillovers, and trade in a world econometric model. A country can raise its total factor productivity by investing in R&D. But countries can also boost their productivity by trading with other countries that have large stocks of...

We introduce firm and worker heterogeneity into a model of innovation-driven endogenous growth. Individuals who differ in ability sort into either a research sector or a manufacturing sector that produces differentiated goods. Each research project generates a new variety of the differentiated...

We examine the growth promoting roles of R&D, international R&D spillovers, and trade in a world econometric model. A country can raise its total factor productivity by investing in R&D. But countries can also boost their productivity by trading with other countries that have large stocks of...

Contents -- Preface -- 1. Background -- 2. Accumulation -- 3. Productivity -- 4. Innovation -- 5. Interdependence -- 6. Inequality -- 7. Institutions and Politics -- Glossary -- Notes -- References -- Index