A Schumpeterian Model of Protection and Relative Wages

1. Person: Dinopoulos, Elias
Weitere Personen: Segerstrom, Paul
Format: Online-Artikel
Sprache: English
Veröffentlicht: The Research Institute of Industrial Economics (IUI) 1996
Serien: IUI Working Paper
Schlagworte: Außenwirtschaftstheorie
Lohn
Humankapital
Innovation
Technischer Fortschritt
Handelsliberalisierung
Theorie
Wages
Human capital
Innovation
Technological change
Trade liberalization
Theory
Online Zugang: https://www.econstor.eu/bitstream/10419/94749/1/wp471.pdf
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recordtype
econstor
institution
MPG
collection
ECONSTOR
title
A Schumpeterian Model of Protection and Relative Wages
spellingShingle
A Schumpeterian Model of Protection and Relative Wages
Außenwirtschaftstheorie
Lohn
Humankapital
Innovation
Technischer Fortschritt
Handelsliberalisierung
Theorie
Wages
Human capital
Innovation
Technological change
Trade liberalization
Theory
Dinopoulos, Elias
IUI Working Paper
title_short
A Schumpeterian Model of Protection and Relative Wages
title_full
A Schumpeterian Model of Protection and Relative Wages
title_fullStr
A Schumpeterian Model of Protection and Relative Wages
title_full_unstemmed
A Schumpeterian Model of Protection and Relative Wages
title_sort
A Schumpeterian Model of Protection and Relative Wages
format
electronic Article
format_phy_str_mv
Paper
publisher
The Research Institute of Industrial Economics (IUI)
publishDate
1996
language
English
topic
Außenwirtschaftstheorie
Lohn
Humankapital
Innovation
Technischer Fortschritt
Handelsliberalisierung
Theorie
Wages
Human capital
Innovation
Technological change
Trade liberalization
Theory
topic_facet
Wages
Human capital
Innovation
Technological change
Trade liberalization
Theory
author
Dinopoulos, Elias
author2
Segerstrom, Paul
author2Str
Segerstrom, Paul
description
This paper presents a dynamic general equilibrium model of trade between two advanced countries in which both innovation and skilled acquisition rates are endogenously determined. The model offers a North-North (as opposed to a North-South) trade explanation for increasing relative wage inequality. A global reduction in trade barriers increases R&D investment and accelerates the pace of technological progress. It also reduces the relative wage of unskilled workers and results in skill upgrading, if and only if R&D is the skill-intensive activity relative to manufacturing of final products. Trade liberalization does not affect domestic relative prices in either of the two countries.
url
https://www.econstor.eu/bitstream/10419/94749/1/wp471.pdf
series
IUI Working Paper
seriesStr
IUI Working Paper
IUI Working Paper
series2
IUI Working Paper
series2_facet
IUI Working Paper
up_date
2019-09-21T02:54:35.908Z
_version_
1645251926023995392

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