Skill-biased technological knowledge without scale effects

• Tipo: Artigo em Revista Científica Internacional
• Data: 2006

Autores

Óscar Afonso (Autor) FEP

Revista

Título: Applied Economics

Vol. 38 Nº 1

Páginas: 13-21

ISSN: 0003-6846

Editora: Taylor & Francis

Indexação

ISI Web of Knowledge - 44 Citações

ISI Web of Science

Scopus - 46 Citações

Classificação Científica

FOS: Ciências sociais > Economia e gestão

Outras Informações

ID Authenticus: P-004-P5B

DOI: 10.1080/00036840500367625

Abstract (EN): In the skill-biased technological change literature, the technological-knowledge bias, which drives wage inequality, is determined by the market-size channel. Motivated by the literature on scale effects since Jones (1995a, b), the standard R&D technology is modified so that wage inequality results similarly from the technological-knowledge bias, which is instead induced by the price channel. Thus, by solving the transitional dynamics numerically, it is shown that the recent rise of the skill premium, which is highlighted by, e.g., Acemoglu (2002a), arises from the price-channel effect, complemented with a mechanism that can be called technological-knowledge-absorption effect.

Idioma: Inglês

Tipo (Avaliação Docente): Científica

Nº de páginas: 9