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Endogenous Biased Innovation, Demographic Heterogeneity, and Inequality
https://u-hyogo.repo.nii.ac.jp/records/6037
https://u-hyogo.repo.nii.ac.jp/records/60375fea2b12-e2fc-4c22-8276-83421ecc23bf
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
2020feb endogenous biased innovation, demographic heterogeneity, and inequality (339.6 kB)
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| Item type | プレプリント / Preprint(1) | |||||
|---|---|---|---|---|---|---|
| 公開日 | 2020-03-04 | |||||
| タイトル | ||||||
| タイトル | Endogenous Biased Innovation, Demographic Heterogeneity, and Inequality | |||||
| タイトル | ||||||
| タイトル | Endogenous Biased Innovation, Demographic Heterogeneity, and Inequality | |||||
| 言語 | en | |||||
| 言語 | ||||||
| 言語 | eng | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | skill-biased innovation | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | heterogeneity of population growth | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | capital-skill complementarity | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| キーワード | ||||||
| 言語 | en | |||||
| 主題Scheme | Other | |||||
| 主題 | neoclassical growth | |||||
| 資源タイプ | ||||||
| 資源タイプ識別子 | http://purl.org/coar/resource_type/c_1843 | |||||
| 資源タイプ | other | |||||
| 抄録 | ||||||
| 値 | Based on a three-factor, two-level constant elasticity of substitution production function, this paper develops an endogenous biased innovation model to analyze the effects of heterogeneity of population growth on income inequalities. Extending the innovation possibility frontier that includes skill-augmenting and unskilled-augmenting technical progress, we investigate the determination of skill-biased innovation and the dynamics of income inequality with the heterogeneity of population growth of skilled and unskilled labor in the neoclassical growth model. We show that the equilibrium skill-biased innovation can be introduced when the population growth of unskilled labor is larger than that of skilled labor. We also show that the shift of the innovation frontier can play significant role for growth and the relatively scarcity of skilled labor may produce labor income inequality in some relevant capital-skill complementarity. In the case where the frontier shifts with capital accumulation, for instance, the scarcity of skilled labor supply may provide more skill-biased innovation, thus promoting growth, but produce the labor income inequality. However, in the alternative case where the innovation frontier shifts with capital share, the scarcity of skilled labor supply may also provide more skill-biased innovation and labor income inequality, but produce growth stagnate. The implications of capital-augmenting technical progress on the dynamics of inequality are also investigated. | |||||
| 書誌情報 |
Discussion Paper en : Discussion Paper 号 111, p. 1-26, 発行日 2020-02 |
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| 出版者 | ||||||
| 値 | Institute for Policy Analysis and Social Innovation,University of Hyogo | |||||
| 書誌レコードID | ||||||
| 値 | AA12111015 | |||||
| 著者版フラグ | ||||||
| 値 | publisher | |||||
