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Institut für Volkswirtschaftslehre, Universität Rostock >
Thünen Series of Applied Economic Theory, Universität Rostock >
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http://hdl.handle.net/10419/39760
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| Title: | | Economic integration, labor reallocation, and growth  |
| Authors: | | Hetze, Pascal |
| Issue Date: | | 2006 |
| Series/Report no.: | | Thünen-series of applied economic theory 65 |
| Abstract: | | This paper develops an endogenous growth model with continuous labor reallocation. Economic integration increases the home availability of technologies globally developed. The wider technology pool has implications for the vintage structure of the manufacturing sector and affects the revenues earned in the two sectors R&D and manufacturing. The free exchange of technologies across the borders leads to structural change and labor reallocation within manufacturing and between the sectors. If there arises too much job destruction caused by economic integration, unemployment may be a consequence of more openness to technologies developed abroad. |
| Subjects: | | economic integration job destruction job creation endogenous growth |
| JEL: | | F43 O33 J63 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Thünen Series of Applied Economic Theory, Universität Rostock
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