Effects of international diffusion of a General Purpose Technology on wage inequality

• Tipo: Artigo em Revista Científica Internacional
• Data: 2013

Autores

Óscar Afonso (Autor) FEP; Ana Maria Bandeira (Autor) Outra

Revista

Título: Hitotsubashi Journal of Economics

Vol. 54 Nº 2

Páginas: 203-220

ISSN: 0018-280X

Editora: Sanseido Publishing Company, Ltd.

Indexação

ISI Web of Knowledge - 0 Citações

ISI Web of Science

Scopus

Econlit

Classificação Científica

FOS: Ciências sociais > Economia e gestão

Outras Informações

ID Authenticus: P-008-QN5

Abstract (EN): 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.

Idioma: Inglês

Tipo (Avaliação Docente): Científica