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Persistent link: https://www.econbiz.de/10011596301
Convergence in per capita income turns on whether technological knowledge spillovers are global or local. Global … spillovers favor convergence, while a geographically limited scope of knowledge diffusion can lead to regional clusters of …
Persistent link: https://www.econbiz.de/10010295589
We establish that domestically owned firms in two alternative models of emerging market economies, the Czech Republic and Russia, have not been converging to the technological frontier set by foreign owned firms. In both countries, the distance of domestic firms to the frontier grew (in all...
Persistent link: https://www.econbiz.de/10010262073
advanced economies. We examine the extent of this convergence in the Czech Republic and Russia, economies that represent …
Persistent link: https://www.econbiz.de/10010271756
Persistent link: https://www.econbiz.de/10011627707
I use the STAN database of the OECD and different econometric methods to investigate the effects of exports towards the EU-15 on wages in the Visegrad countries (CEEC-4; Czech Republic, Hungary, Poland, and Slovakia). The results do not allow to draw any definite statements about this effect....
Persistent link: https://www.econbiz.de/10011345451
In the trade-technology-wage debate, the effects of the various forms of technical progress on relative factor prices have been addressed in a number of contributions over the past decade. However, the existing literature is far from conclusive. The various contributions either relied on...
Persistent link: https://www.econbiz.de/10012099864
In this paper we test the hypothesis that the sector bias of skill-biased technical change is important in explaining the rising relative wage of skilled workers in the manufacturing sector in three Central and Eastern European transition countries. The evidence for Hungary and Poland is...
Persistent link: https://www.econbiz.de/10012099872
A model linking macroeconomic phenomena and income distribution in balanced growth equilibria is developed as a variant to the Kaldor model of factor shares. It departs from the original Kaldor model in assuming equal savings rates and production determined by a matching process between workers...
Persistent link: https://www.econbiz.de/10010262585
Place-based college scholarships, such as the Kalamazoo Promise, provide students who live in a particular place, and/or who attend a particular school district, with generous college scholarships. An important potential benefit from such "Promise programs" is their short-term effects on local...
Persistent link: https://www.econbiz.de/10011461724