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by between 1.5% (R&D) and 3% (transport). The impact of offshoring on manufacturing labour demand is small on average … the length of the value chain is more important for employment in services functions in manufacturing than is offshoring. …
Persistent link: https://www.econbiz.de/10011998971
This work presents the evolutionary growth theory, which studies the drivers and patterns of technological change and production together with the (imperfect) mechanisms of coordination among a multitude of firms. This requires to studies economies as complex evolving systems, i.e. as ecologies...
Persistent link: https://www.econbiz.de/10014464394
Traditional structural change theories study the dynamics of inter-sector labour-reallocation in autarky models. We analyse how model-results change if open economy setting is assumed, where we focus on the impacts of intermediate trade in a multi-sector growth model with capital accumulation....
Persistent link: https://www.econbiz.de/10013101588
We study the effects of the adoption of new agricultural technologies on structural transformation. To guide empirical work, we present a simple model where the effect of agricultural productivity on industrial development depends on the factor bias of technical change. We test the predictions...
Persistent link: https://www.econbiz.de/10013034051
We study the effects of the adoption of new agricultural technologies on structural transformation. To guide empirical work, we present a simple model where the effect of agricultural productivity on industrial development depends on the factor bias of technical change. We test the predictions...
Persistent link: https://www.econbiz.de/10013035226
between offshoring and exports. We model a world consisting of many advanced countries that trade differentiated goods among …
Persistent link: https://www.econbiz.de/10010271466
Persistent link: https://www.econbiz.de/10013169587
Persistent link: https://www.econbiz.de/10011570837
The rapid growth of offshoring has sparked a contentious debate over its impact on the U.S. manufacturing sector, which … generally are not captured in input cost and import price indexes. To assess the implications of offshoring bias for … offshoring. We find that from 1997 to 2007 average annual multifactor productivity growth in manufacturing was overstated by 0 …
Persistent link: https://www.econbiz.de/10010287999
Structural change involves a broad set of trends: (i) sectoral reallocations, (ii) rich movements of productive activities between home and market, and (iii) an increase in the scale of productive units. After extending these facts, we develop a model to explain them within a unified framework....
Persistent link: https://www.econbiz.de/10003774088