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excessive flexibility, resulting in suboptimal growth or even self-sustaining technology-inequality traps. Fourth, I examine how … configurations of technology, inequality and redistributive policy are feasible in the long run, when all three are endogenous. I … show in particular how the diffusion of technology leads to the “exporting” of inequality across borders; and how this, in …
Persistent link: https://www.econbiz.de/10014023762
New developments of existing technologies over time have led to emergent patterns of technology adoption and, accordingly, changing impacts on economy and society. Focusing on the arrival of mobile internet in the early 2010s in developing countries, this paperidentifiessignificant positive...
Persistent link: https://www.econbiz.de/10014442620
The work focuses on the analysis of the bilateral relationship between technological changes and inequality. First, it … focus on the impact of technological innovations on inequality and the theory of Skills Biased Technological Changes (SBTC …). Given technology can produce inequality; what is the impact of these inequalities on the distribution and the production …
Persistent link: https://www.econbiz.de/10011966843
Since the expansion of world trade in the 1980s, measures of inequality have risen not only in developed countries, but … empirically tests the effects of trade on wage inequality in a differentiated panel framework where countries are classified … pure “trade”- effects, supporting the Heckscher-Ohlin predictions of the effects of trade on wage inequality once the …
Persistent link: https://www.econbiz.de/10011377041
This paper reviews the tools applied in plant biotechnology and explores the prospects for biotechnology to generate benefits for developing countries. Possible near-term applications are identified. Needed capability in biological research, intellectual property management and biosafety are...
Persistent link: https://www.econbiz.de/10014024074
We introduce permanently-shifting income shares into a growth model with workers and capital owners. The model exactly replicates the U.S. time paths of the top quintile income share, capital's share of income, and key macroeconomic variables from 1970 to 2014. Welfare effects depend on changes...
Persistent link: https://www.econbiz.de/10013007534
We introduce permanently-shifting income shares into a growth model with workers and capital owners. The model exactly replicates the U.S. time paths of the top quintile income share, capital's share of income, and key macroeconomic variables from 1970 to 2014. Welfare effects depend on changes...
Persistent link: https://www.econbiz.de/10013007849
We introduce permanently-shifting income shares into a standard growth model with two types of agents. Capital owners represent the top quintile of U.S. households while workers represent the remainder. Our tractable model allows us to exactly replicate the observed U.S. time paths of the top...
Persistent link: https://www.econbiz.de/10013315527
Australia has seen large rises in living standards over the last decades across the whole of the income distribution. Technological change and international trade have contributed to this success, but have also brought structural change. Some industries have declined, while others flourished....
Persistent link: https://www.econbiz.de/10011998476
Persistent link: https://www.econbiz.de/10003905325