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Technology, Skill, and Growth in a Global Economy

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  • Jaewon Jung

    (Université de Cergy-Pontoise, THEMA)

Abstract

This paper develops an endogenous growth model based on a Roy-like assignment model in which heterogeneous workers endogenously sort into different technologies/tasks according to their comparative advantage. By modeling explicit distinction between worker skills and tasks, as well as incorporating task-specific technologies, worker skill distribution and heterogeneous firms, we analyze in depth the technology-skill-growth and offshoring-growth links that are absent in traditional models of endogenous growth. The model provides therefore richer predictions on the relationship between labor market changes and growth due to technology up and downgrading mechanism at both individual worker and firm levels.

Suggested Citation

  • Jaewon Jung, 2015. "Technology, Skill, and Growth in a Global Economy," THEMA Working Papers 2015-08, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.
    • Handle: RePEc:ema:worpap:2015-08
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    File URL: http://thema.u-cergy.fr/IMG/documents/2015-08.pdf
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    References listed on IDEAS

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    Cited by:

    1. Jaewon Jung, 2018. "Introducing Roy-like Worker Assignment into Computable General Equilibrium Models," THEMA Working Papers 2018-06, THEMA (THéorie Economique, Modélisation et Applications), Université de Cergy-Pontoise.

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    More about this item

    Keywords

    Endogenous growth; Technology-augmented skill distribution; Worker/firm heterogeneity; Offshoring; Skill upgrading/polarization;
    All these keywords.

    JEL classification:

    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • F66 - International Economics - - Economic Impacts of Globalization - - - Labor
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity

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