A schumpeterian model of protection and relative wages

被引:171
作者
Dinopoulos, E [1 ]
Segerstrom, P
机构
[1] Univ Florida, Dept Econ, Gainesville, FL 32611 USA
[2] Michigan State Univ, Dept Econ, E Lansing, MI 48824 USA
关键词
D O I
10.1257/aer.89.3.450
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper presents a dynamic general equilibrium model of R&D-based trade between two structurally identical countries in which both innovation and skill acquisition rates are endogenously determined. Trade liberalization increases R&D investment and the rate of technological change. It also reduces the relative wage of unskilled workers and results in skill upgrading within each industry when R&D is the skilled-labor intensive activity relative to manufacturing of final products. Time-series evidence from the United States and simulation analysis support the empirical relevance of the model, which offers a North-North trade explanation for increasing wage inequality. (JEL F10, F12, F13, D32, D41).
引用
收藏
页码:450 / 472
页数:23
相关论文
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