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Rethinking the foundations of Heckscher-Ohlin theory when countries have different technologies, this paper shows how …
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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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Capital equipment - such as computers and industrial machinery - embodies skill-biased technology, in the sense that it … skill-biased technology. In this paper we develop a tractable quantitative model of international trade in capital goods to …
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We propose a sectoral–shift theory of aggregate factor productivity for a class of economies with AK technologies …
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