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We propose a two country, Innovator and Follower, directed technical change model between tradable and nontradable sectors. The Innovator performs innovative R&D and the Follower adopts the available technological knowledge. Substitutability between sectors, scale effects, international IPRs...
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In the second half of the twenty century the U.S. economy went through important transformations in terms of both production and network structure between sectors, and also in terms of technology adoption. Using a network perspective we question how these changes in the inter-sector network...
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We develop a dynamic general-equilibrium framework in which growth is driven by skill-biased technology diffusion. The model incorporates leisure–labor decisions and human capital accumulation through education. We are able to reproduce the trends in income inequality and labor and skills...
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