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Heterogeneity in the Internationalization of R&D : implications for anomalies in finance and macroeconomics

Grüning, Patrick - 2017 - This version: October 17, 2017

implications of this type of heterogeneity by assuming that incumbents, i.e. current monopolists engaging in incremental innovation … innovation, in a two-country endogenous growth general equilibrium model. In particular, this assumption allows the model to … break the perfect correlation between incumbents' and entrants' innovation probabilities and to match the empirical …

Persistent link: https://www.econbiz.de/10011736423

The identification of directed technical change revisited

Saam, Marianne - 2014

Technical change that augments capital and labor input in a non-neutral way plays an important role in explaining the relation between growth and other macroeconomic outcomes. Previous research has shown that restricting technical change to be neutral leads to overestimating the elasticity of...

Persistent link: https://www.econbiz.de/10010462681

Technical Change, Heterogeneity in Skill Demand, and Employment Polarization

Kim, Sung min - 2013

We explore how the rapid adoption of computer-related assets affects the recent polarization of employment in the U.S. labor market, which is inconsistent with the skill-biased technological change hypothesis. Similar to Goos and Manning (2007), we show that the job polarization could be...

Persistent link: https://www.econbiz.de/10013076893

Employment Effects of Skill Biased Technological Change When Benefits are Linked to Per-Capita Income

Weiss, Matthias - 2009

This paper studies the employment effects of technological change when benefits are endogenous. If the (i) level of welfare aid depends on the general income level in the economy and (ii) wages for unskilled workers cannot fall below the level of welfare aid, there is a link between the wage for...

Persistent link: https://www.econbiz.de/10014210824

Heterogeneity and evolutionary change : empirical conception, findings and unresolved issues

Cantner, Uwe - 1999

Persistent link: https://www.econbiz.de/10013283167

Wages, Innovation, and Employment in China

Fleisher, Belton M. - 2017

We investigate the role of factor-priced-induced innovation in mediating the employment impact of expanding production … summarized by Wei, Xie, and Zhang (2017) that focus on directly observable aspects of innovation (R&D, patent activity, etc …

Persistent link: https://www.econbiz.de/10012957004

Tracing empirical trails of Schumpeterian development

Peneder, Michael - 2004

Schumpeterian development is characterised by the simultaneous interplay of growth and qualitative transformations of the economic system. At the sectoral level, such qualitative transformations become manifest as variations in the sectoral composition of production. Following the implementation...

Persistent link: https://www.econbiz.de/10011494555

Tracing Empirical Trails of Schumpeterian Development

Peneder, Michael - 2004

Persistent link: https://www.econbiz.de/10011435155

Microeconometric evidence of financing frictions and innovative activity

Tiwari, Amaresh K.; Mohnen, Pierre A.; Palm, Franz C.; … - 2014

Using Dutch data we empirically investigate how financing and innovation vary across firm characteristics. We find that … when firms face financial constraints, debt financing and innovation choices are not independent of firm characteristics …

Persistent link: https://www.econbiz.de/10010249680

Structural change and wage inequality : evidence from German micro data

Henze, Philipp - 2014

This paper measures the impact of sectoral composition, international trade and technological progress on the rising wage gap in Germany. I find a positive effect of the increasing importance of services on the rising wage gap in Germany that is comparable to the effects of international trade...

Persistent link: https://www.econbiz.de/10010340389

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