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This paper presents a dynamic general equilibrium model of trade between two advanced countries in which both innovation and skilled acquisition rates are endogenously determined. The model offers a North-North (as opposed to a North-South) trade explanation for increasing relative wage...
Persistent link: https://www.econbiz.de/10010334719
This paper presents a dynamic general equilibrium model of trade between two advanced countries in which both innovation and skill acquisition rates are endogenously determined. The model offers a North-North (as opposed to a North-South) trade explanation for increasing relative wage...
Persistent link: https://www.econbiz.de/10014220767