We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose … production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … substitution between goods and other parameters. Third, we show that the interplay between innovation and standardization may lead …

in employment and in value-added, ii) variations in innovation rates and in productivity change across sectors, iii … unifying perspective on how economic growth and globalization affect the patterns of structural change, innovation and trade …

’s material infrastructure, small and medium-sized enterprises from developing countries will be able to increase their world …

persistent geopolitical conflicts on trade, technological innovation, and economic growth. In conventional trade models the …