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call technology shifters (economic factors). We use several composite technology indices based on appropriate combinations … of the external economic factors which are indicators of different aspects of technology. These technology indices are … specific external economic factors. Furthermore, the technology shifters allow for non-neutral and biased shifts in TC. We also …
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comprehensive assessment of the factor bias of technological change using panel data from the World Input-Output Database (WIOD) for … duality of production theory is applied. Estimating the system of cost share equations derived from a translog cost function … energy and less labour. Patent applications in energy- and labour-saving technology fields are used to model the direction of …
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We introduce non-tradable goods to the Heckscher-Ohlin-Samuelson (HOS) model to study the distributive effects of terms of trade shocks. We show that the employment of resources in activities producing exclusively for the local market induces a crucial association between domestic spending and...
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How important is mastering information and communication technologies (ICT) in modern labor markets? We present the first evidence on this question, drawing on unique data that provide internationally comparable information on ICT skills in 19 countries. Our identification strategy relies on the...
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