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...
Main Author: | |
---|---|
Other Authors: | , |
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 |