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Capital equipment - such as computers and industrial machinery - embodies skill-biased technology, in the sense that it … is complementary to skilled labor. Most countries import a large share of their capital equipment, and by doing so import … skill-biased technology. In this paper we develop a tractable quantitative model of international trade in capital goods to …
Persistent link: https://www.econbiz.de/10013119969
Capital equipment - such as computers and industrial machinery - embodies skill-biased technology, in the sense that it … is complementary to skilled labor. Most countries import a large share of their capital equipment, and by doing so import … skill-biased technology. In this paper we develop a tractable quantitative model of international trade in capital goods to …
Persistent link: https://www.econbiz.de/10012461199
Changing economic circumstances ? namely, an end to the primacy of labour and property as determinants of prosperity ? have created a need for a new theoretical platform: one that transcends standard economic discourse.
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Studies on the effect of Information and Communication Technology (ICT) on the export of the manufacturing industry, as … disaggregated into the low-, medium-, and high-technology intensity, were lacking. However, the trade impact of ICT is mixed and … relies on countries' development and adoption of technology. To this end, this study explicitly contributes to this strand of …
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