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In this paper, all technology transfers are embodied in trade flows within a three-region, one-traded-commodity version of the GTAP model. Exogenous Hicks-Neutral technical progress in one region can have uneven impacts on productivity elsewhere. Why? Destination regions' ability to harness new...
Persistent link: https://www.econbiz.de/10005032951
Based on stylized evidence showing variation of the Gini coefficient of income inequality across skill cohorts and on the rapid rise in trade in technology-intensive goods, the ripple effects of technology transmission and income inequality are explored in a global Computable General Equilibrium...
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The 45 region by 50 commodity by 5 primary factor version of the GTAP database provides us with the splits of total labor payments into two categories, viz. skilled and unskilled labor in each sector. The decomposition of total labor payments in all sectors and all regions according to...
Persistent link: https://www.econbiz.de/10014165941
In this paper, all technology transfers are embodied in trade flows within a three-region, one-traded-commodity version of the GTAP model. Exogenous Hicks-Neutral technical progress in one region can have uneven impacts on productivity elsewhere. Why? Destination regions' ability to harness new...
Persistent link: https://www.econbiz.de/10014126126
With the ensuing immigration reform in the US, the paper shows that targeted skilled immigration into the R&D sector that helps low-skilled labor is conducive for controlling inequality and raising wage. Skilled talent-led innovation could have spillover benefits for the unskilled sector while...
Persistent link: https://www.econbiz.de/10012914679
The flourishing of IT-sector and IT-enabled services has led to emergence of different activities by leaps and bounds thanks to proliferation of Virtual plattorm-based transactions, and E-commerce. However, massive layoffs started in 2022, as all tech giants encountered revenue declines amidst...
Persistent link: https://www.econbiz.de/10014430302
The flourishing of IT-sector and IT-enabled services has led to emergence of different activities by leaps and bounds thanks to proliferation of Virtual plaform-based transactions, and E- commerce. However, massive layoffs started in 2022, as all tech giants encountered revenue declines amidst...
Persistent link: https://www.econbiz.de/10014383292