English, Article, Journal or magazine article edition: Price-Channel Effects of North-South Trade on the Direction of Technological Knowledge and Wage Inequality Óscar Afonso; Álvaro Aguiar

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Bookmark: http://trove.nla.gov.au/version/182468
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Price-Channel Effects of North-South Trade on the Direction of Technological Knowledge and Wage Inequality
Author
  • Óscar Afonso
  • Álvaro Aguiar
Physical Description
  • preprint
Notes
  • This paper develops a general equilibrium endogenous growth model that emphasizes the mechanisms, other than market size, through which trade-induced North-South technological knowledge diffusion influences the direction of technological progress and, thus, the path of intra and inter-country wage inequality. In contrast with the market-size effect, more common in previous literature on skill-biased technological change, the operation of the price channel, central to this paper, predicts an increasing high-skilled technological bias following openness, which is more in line with the recent trends observed in developed and developing countries.
  • North-South trade; Technological knowledge diffusion; Direction of technological progress; Wage inequality.
  • RePEc:por:fepwps:170
Language
  • English
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