Technology, Skill, and Growth in a Global Economy
Jaewon Jung ()
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Jaewon Jung: Université de Cergy-Pontoise, THEMA
No 2015-08, THEMA Working Papers from THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise
Abstract:
This paper develops an endogenous growth model based on a Roy-like assignment model in which heterogeneous workers endogenously sort into different technologies/tasks according to their comparative advantage. By modeling explicit distinction between worker skills and tasks, as well as incorporating task-specific technologies, worker skill distribution and heterogeneous firms, we analyze in depth the technology-skill-growth and offshoring-growth links that are absent in traditional models of endogenous growth. The model provides therefore richer predictions on the relationship between labor market changes and growth due to technology up and downgrading mechanism at both individual worker and firm levels.
Keywords: Endogenous growth; Technology-augmented skill distribution; Worker/firm heterogeneity; Offshoring; Skill upgrading/polarization (search for similar items in EconPapers)
JEL-codes: F43 F66 J24 O4 (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-bec, nep-fdg and nep-gro
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Citations: View citations in EconPapers (1)
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Persistent link: https://EconPapers.repec.org/RePEc:ema:worpap:2015-08
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