Pan, Shiyuan; Zou, Heng-fu; Li, Tailong - China Economics and Management Academy, Central … - 2010
We develop a knowledge-based growth model to address the issues of directed technological change, wage inequality and … developing country. Thus, international trade may lead to skill-replacing technological change and decrease wage inequality in … the developed country. Wage inequality, however, increases in the developing countries since the degree of skill bias of …