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Trade and technological change continually alter the workplace and labor-market outcomes, with consequences for economy-wide welfare and the distribution of real incomes. This report assesses the state of economic research into those areas, with a particular focus on empirical methodologies and...
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Recent developments in the theory of economic growth and dynamic trade theory are reviewed and interpreted. These include growth based on economies of scale, trade with product development, and product cycles. It is argued that there is need for more work in this area in order to understand the...
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The article presents a model of endogenous innovation and growth, in which technological change is path dependent. The historical pattern of technological development plays a central role in determining the pace of future technological change. Path dependence is explained using a distinction...
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