Offshoring and Directed Technical Change
We study the implications of offshoring on innovation, technology, and wage inequality in a Ricardian model with directed technical change. Profit maximization determines both the extent of offshoring and the direction of technological progress. A fall in the offshoring cost induces technical change...
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Other Authors: | |
Format: | Article |
Language: | English |
Published: |
American Economic Association,
2018-02-13T17:49:49Z.
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Subjects: | |
Online Access: | Get fulltext |