Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/17806 
Erscheinungsjahr: 
2005
Schriftenreihe/Nr.: 
Kiel Working Paper No. 1251
Verlag: 
Kiel Institute for World Economics (IfW), Kiel
Zusammenfassung: 
Gains from productivity and knowledge transmission arising from the presence of foreign firms has received a good deal of empirical attention, but micro-foundations for this mechanism are weak . Here we focus on production by foreign experts who may train domestic unskilled workers who work with them. Gains from training can in turn be decomposed into two types: (a) obtaining knowledge and skills at a lower cost than if they are self-taught at home, (b) producing domestic skilled workers earlier in time than if they the domestic economy had to rediscover the relevant knowledge through ?reinventing the wheel?. We develop a three-period model in which the economy initially has no skilled workers. Workers can withdraw from the labor force for two periods of self study and then produce as skilled workers in the third period. Alternatively, foreign experts can be hired in period 1 and domestic unskilled labor working with the experts become skilled in the second period. We analyze how production, training, and welfare depend on two important parameters: the cost of foreign experts and the learning (or ?absorptive?) capacity of the domestic economy.
Schlagwörter: 
learning
transmission mechanism
multinationals
imported experetise
JEL: 
F13
F23
Dokumentart: 
Working Paper

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