Trade liberalisation, process and product innovation, and relative skill demand

The interaction between trade liberalisation, product and process innovation, and relative skill demand is analysed in a model of international oligopoly. Lower trading barriers increase the degree of foreign competition. The competing enterprises respond by investing more aggres- sively in lowering marginal costs of production. Moreover, firms reduce the substitutability of their products through additional investment in product innovation. The paper also shows that the relative demand for skilled workers may increase as a result.

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Year of publication:	2007
Authors:	Braun, Sebastian
Publisher:	Berlin : Humboldt University of Berlin, Collaborative Research Center 649 - Economic Risk
Subject:	Intraindustrieller Handel \| Außenhandelsliberalisierung \| Internationaler Wettbewerb \| Oligopol \| Innovation \| Arbeitsnachfrage \| Qualifikation \| Theorie \| Intra-industry Trade \| Process Innovation \| Product Innovation \| Relative Skill Demand \| Trade Liberalisation

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Series:	SFB 649 Discussion Paper ; 2007-001
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	522661599 [GVK] hdl:10419/25173 [Handle] RePEc:zbw:sfb649:sfb649dp2007-001 [RePEc]
Classification:	F12 - Models of Trade with Imperfect Competition and Scale Economies ; F15 - Economic Integration ; F16 - Trade and Labor Market Interactions ; O32 - Management of Technological Innovation and R&D
Source:	EconStor

Persistent link: https://ebvufind01.dmz1.zbw.eu/10010263670