Ability-biased technical change and productivity bonus in a nested production structure: A theoretical model with endogenous hicks-neutral technology spillover
- Title
- Ability-biased technical change and productivity bonus in a nested production structure: A theoretical model with endogenous hicks-neutral technology spillover
- Author
- Das, Gouranga G.
- Keywords
- productivity bonus; technology spillovers; absorption; congruence; trade; skill; CGE nesting
- Issue Date
- 2019-09
- Publisher
- Alexandru Ioan Cuza University of Iasi
- Citation
- Scientific Annals of Economics and Business, v. 66, No. 3, Page. 415-450
- Abstract
- This paper develops a model of endogenous trade-mediated productivity spillover in which jointly trade-intensity, capital-intensity of production, and skill-intensity for adoption of technology from an exogenously available stock of world knowledge determine firm's productivity. The representative firm, in the process of maximising profit (or minimising costs), takes into account the benefits of technological improvements embodied in imported intermediates. Sectors with higher skilled labour intensity will have an advantage in extracting the 'bonuses' from spillovers. The framework is useful for exploring technology adoption, considering wage premium, investigating innovative changes in sectors, and analysing productivity differences.
- URI
- http://saeb.feaa.uaic.ro/index.php/saeb/article/view/806https://repository.hanyang.ac.kr/handle/20.500.11754/120649
- Appears in Collections:
- COLLEGE OF BUSINESS AND ECONOMICS[E](경상대학) > ECONOMICS(경제학부) > Articles
- Files in This Item:
There are no files associated with this item.
- Export
- RIS (EndNote)
- XLS (Excel)
- XML