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- W2161723286 abstract "This paper studies the effects of the diffusion of a General Purpose Technology (GPT) that spreads first within the developed North country of its origin, and then to a developing South country. In the developed general equilibrium growth model, each final good can be produced by one of two technologies. Each technology is characterized by a specific labor complemented by a specific set of intermediate goods, which are enhanced periodically by Schumpeterian R&D activities. When quality reaches a threshold level, a GPT arises in one of the technologies and spreads first to the other technology within the North. Then, it propagates to the South, following a similar sequence. Since diffusion is not even, neither intra- nor inter-country, the GPT produces successive changes in the direction of technological knowledge and in inter- and intra-country wage inequality. Through this mechanism the different observed paths of wage inequality can be accommodated." @default.
- W2161723286 created "2016-06-24" @default.
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- W2161723286 date "2013-12-01" @default.
- W2161723286 modified "2023-09-26" @default.
- W2161723286 title "EFFECTS OF INTERNATIONAL DIFFUSION OF A GENERAL PURPOSE TECHNOLOGY ON WAGE INEQUALITY" @default.
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- W2161723286 doi "https://doi.org/10.15057/26014" @default.
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