Effect of product obsolescence on wages: Role of international trade and skill levels

Bidisha Lahiri and Luyi Han ()

Economics Letters, 2020, vol. 186, issue C

Abstract: Trade competition generated R&D labor demand is strongest for medium life length products and is more relevant for skilled workers. Forward citation lag of patents captures product life lengths. The theoretically predicted non-monotonic relationship is observed in the empirical analysis.

Keywords: Patent; Forward citation lag; Product cycle trade; R&D; Skill level; Labor demand (search for similar items in EconPapers)
JEL-codes: F16 J23 O33 (search for similar items in EconPapers)
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:186:y:2020:i:c:s016517651930429x

DOI: 10.1016/j.econlet.2019.108851

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