Costly investment, complementarities, international technological-knowledge diffusion and the skill premium

We examine the behaviour of the skill premium in a two-country general equilibrium growth model assuming (i) technological-knowledge diffusion; (ii) internal costly investment in both physical capital and R&D; and (iii) complementarities between intermediate goods in production. We find that the...

Full description

Bibliographic Details
Main Author: Afonso, Óscar (author)
Other Authors: Neves, Pedro (author), Thompson, Maria João Ribeiro (author)
Format: workingPaper
Language:eng
Published: 2010
Subjects:
Online Access:http://hdl.handle.net/1822/11833
Country:Portugal
Oai:oai:repositorium.sdum.uminho.pt:1822/11833