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Full-Text Articles in Social and Behavioral Sciences
Globalization And Innovation In Advanced Economies, Claudio Fassio, Cristiano Antonelli
Globalization And Innovation In Advanced Economies, Claudio Fassio, Cristiano Antonelli
Claudio Fassio
This chapter analyzes the effects that the international integration of product markets induced by globalization exerts on the direction of technological change at the industry level.
The Economics Of The Light Economy.Globalization, Skill-Biased Technological Change And Slow Growth, Claudio Fassio, Cristiano Antonelli
The Economics Of The Light Economy.Globalization, Skill-Biased Technological Change And Slow Growth, Claudio Fassio, Cristiano Antonelli
Claudio Fassio
The paper provides an interpretative framework and structured empirical evidence of the processes leading to the emergence of a light and slow growth economy in advanced countries. The interpretative framework rests upon the grafting of a) the Schumpeterian hypothesis about the determinants of the rate of technological change with b) the Kuznets approach on the strict complementarity of structural and technological change, and c) the new approach about the direction of technological change biased towards the most intensive use of locally abundant production factors, into d) the dynamic version of the Heckesher-Ohlin analysis of international economics that accounts the introduction …