| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP9247 |
| DP9247 Offshoring and Directed Technical Change | |
| Daron Acemoğlu; Fabrizio Zilibotti; Gino Gancia | |
| 发表日期 | 2012-12-02 |
| 出版年 | 2012 |
| 语种 | 英语 |
| 摘要 | To study the short-run and long-run implications on wage inequality, we introduce directed technical change into a Ricardian model of offshoring. A unique final good is produced by combining a skilled and an unskilled product, each produced from a continuum of intermediates (tasks). Some of these tasks can be transferred from a skill-abundant West to a skill-scarce East. Profit maximization determines both the extent of offshoring and technological progress. Offshoring induces skill-biased technical change because it increases the relative price of skill-intensive products and induces technical change favoring unskilled workers because it expands the market size for technologies complementing unskilled labor. In the empirically more relevant case, starting from low levels, an increase in offshoring opportunities triggers a transition with falling real wages for unskilled workers in the West, skill-biased technical change and rising skill premia worldwide. However, when the extent of offshoring becomes sufficiently large, further increases in offshoring induce technical change now biased in favor of unskilled labor because offshoring closes the gap between unskilled wages in the West and the East, thus limiting the power of the price effect fueling skill-biased technical change. The unequalizing impact of offshoring is thus greatest at the beginning. Transitional dynamics reveal that offshoring and technical change are substitutes in the short run but complements in the long run. Finally, though offshoring improves the welfare of workers in the East, it may benefit or harm unskilled workers in the West depending on elasticities and the equilibrium growth rate. |
| 主题 | International Macroeconomics ; International Trade and Regional Economics |
| 关键词 | Directed technical change Growth and productivity Offshoring Skill premium |
| URL | https://cepr.org/publications/dp9247 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/538082 |
| 推荐引用方式 GB/T 7714 | Daron Acemoğlu,Fabrizio Zilibotti,Gino Gancia. DP9247 Offshoring and Directed Technical Change. 2012. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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