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Migration and trade are often linked through ethnic networks boosting bilateral trade. This study uses migration to quantify the importance of Ricardian technology differences for international trade. The framework provides the first panel estimates connecting country-industry productivity and...
Persistent link: https://www.econbiz.de/10011584915
, productivity growth and capital-labour conflict, with profits driven by product innovation and offshoring, and wages rising faster …
Persistent link: https://www.econbiz.de/10012389310
We analyze the medium- and long-run effects of international integration of capital markets on specialization patterns of countries. For that purpose, we incorporate induced technical change into a Heckscher-Ohlin model with a continuum of final goods. This provides a comprehensive theory that...
Persistent link: https://www.econbiz.de/10010286419
Technological change was unskilled-labor-biased during the early Industrial Revolution of the late eighteenth and early nineteenth centuries, but is skill-biased today. This fact is not embedded in extant unified growth models. We develop a model of the transition to sustained economic growth...
Persistent link: https://www.econbiz.de/10012729574
to fostering innovation. …
Persistent link: https://www.econbiz.de/10010852340
This study tests the importance of Ricardian technology differences for international trade. The empirical analysis has three comparative advantages: including emerging and advanced economies, isolating panel variation regarding the link between productivity and exports, and exploiting...
Persistent link: https://www.econbiz.de/10010852342
Technological change was unskilled-labor-biased during the early Industrial Revolution of the late eighteenth and early nineteenth centuries, but is skill-biased today. This fact is not embedded in extant unified growth models. We develop a model of the transition to sustained economic growth...
Persistent link: https://www.econbiz.de/10014051400
This study investigates the problem of estimating various aspects and qualitative features of innovative development. A new methodological approach to comprehensively assessing the polystructural nature of modern innovative development in the new EU member states and other EU countries is...
Persistent link: https://www.econbiz.de/10013334993
international economic relations.Different factors affect a competitive economy, which include the innovation activity, investment …
Persistent link: https://www.econbiz.de/10014264945
development and fluctuations. In many such applications, a key role is played by complementarities in the process of innovation. …
Persistent link: https://www.econbiz.de/10005772070