Technology, skill, and growth in a global economy

Jaewon Jung ()
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Jaewon Jung: Korea Economic Research Institute

Economic Theory, 2019, vol. 68, issue 3, No 4, 609-641

Abstract: 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, we analyze in depth the technology-skill-growth and offshoring-growth links that are absent in traditional models of endogenous growth. We show that offshoring increases domestic aggregate productivity, welfare and growth due to technology-upgrading mechanism.

Keywords: Endogenous growth; Technology-augmented skill distribution; Worker/firm heterogeneity; Offshoring; Technology upgrading; Skill upgrading (search for similar items in EconPapers)
JEL-codes: F43 F66 J24 O4 (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (1)

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DOI: 10.1007/s00199-018-1136-6

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