Factor-Biased Technical Change and Specialization Patterns

We analyze the medium{ and long{run effects of international integra- tion of capital markets on specialization patterns of countries. For that purpose, we incorporate induced technical change into a Heckscher{Ohlin model with a continuum of �nal goods. This provides a comprehensive the- ory tha...

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Bibliographic Details

Published in:	MAGKS - Joint Discussion Paper Series in Economics (Band 18-2011)
Main Authors:	Brandt, Jana, Meckl, Jürgen, Savin, Ivan
Format:	Work
Language:	English
Published:	Philipps-Universität Marburg 2011
Subjects:	factor mobility Wirtschaft continuum of goods, comparative advantage Factor-biased technical change innovation, knowledge spillovers. Economics
Online Access:	PDF Full Text
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