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| Author: | Butler, A. Dueker, M. |
| Title: | Does foreign innovation affect domestic wage inequality? |
| Journal: | Journal of International Economics
1999 : FEB, VOL. 47:1, p. 61-90 |
| Index terms: | INNOVATION PAY INEQUALITY |
| Language: | eng |
| Abstract: | The authors use an open-economy product-cycle model of domestic high-tech/low-tech wages to motivate an empirical specification and test key model-implied restrictions. With data for 11 countries from an internationally comparable data set from the OECD, the authors conduct panel cointegration analysis that supports the hypothesis that foreign and domestic innovation rates affect domestic wage inequality by equal and opposite magnitudes. |
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