English, Article, Journal or magazine article edition: Effects of Learning-by-doing, technology-adoption costs and wage inequality Rui Leite; Óscar Afonso

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Bookmark: http://trove.nla.gov.au/version/182457
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Effects of Learning-by-doing, technology-adoption costs and wage inequality
Author
  • Rui Leite
  • Óscar Afonso
Physical Description
  • preprint
Notes
  • In the dominant literature, the technological-knowledge bias that drives wage inequality is determined by the market-size channel. We develop an endogenous growth model with two technologies in which: a specific quality of labour, low or high-skilled, is combined with a specific set of quality-adjusted intermediate goods; the market-size channel is practically removed; adoption costs and learning-by-doing are linked with labour endowments. By solving transitional dynamics numerically, we show that changes in the supply of labour affect learning-by-doing and technology-adoption costs, which, in turn, influence the technological-knowledge bias and thus wage inequality. The proposed mechanisms can accommodate facts not explained by the previous literature.
  • Learning-by-doing; Adoption costs; Technological-knowledge bias; Wage inequality; Numerical simulations
  • RePEc:por:fepwps:272
Language
  • English
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