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This paper investigates Samuelson's (JEP, 2004) argument that technical progress of the trade partner may hurt the home country. We illustrate this prospect in a simple Ricardian model for sitations with outward knowledge spillovers. Within this framework Samuelson's "Act II" effects may occur....
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today and will concern them in the future - all over the world, poor or rich. Traditionally, questions about allocative …-multinational” technology transfer of Spanish firms that were acquired by foreign companies and the second analysing productivity growth rate …
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This paper investigates Samuelson's (JEP, 2004) argument that technical progress of the trade partner may hurt the home country. We illustrate this prospect in a simple Ricardian model for situations with outward knowledge spillovers. Within this framework Samuelson's Act II effects may occur....
Persistent link: https://www.econbiz.de/10014205493
Persistent link: https://www.econbiz.de/10001528384
investigated the impact of the presence of foreign firms on wages of workers from domestic firms. First, we found that the average … wages from foreign to domestic firms. Third, the presence of foreign firms is found to widen the wage gap between skilled …
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