This setting lets you change the way you view articles. You can choose to have articles open in a dialog window, a new tab, or directly in the same window.
Open in Dialog
Open in New Tab
Open in same window

American Economic Journal: Macroeconomics: Vol. 5 No. 2 (April 2013)

Expand

Quick Tools:

Print Article Summary
Export Citation
Sign up for Email Alerts Follow us on Twitter Subscription Information
(Institutional Administrator Access)

Explore:

AEJ: Macro - All Issues

AEJ: Macro Forthcoming Articles

Importing Skill-Biased Technology

Article Citation

Burstein, Ariel, Javier Cravino, and Jonathan Vogel. 2013. "Importing Skill-Biased Technology." American Economic Journal: Macroeconomics, 5(2): 32-71.

DOI: 10.1257/mac.5.2.32

Abstract

The production of capital equipment is concentrated among a small group of countries, and many countries import a large share of their equipment. If capital-skill complementarity is an important feature of technology, international trade may have important effects on the skill premium through its impact on equipment accumulation. In this paper we propose a tractable framework for evaluating this effect, provide simple analytic expressions linking observable changes in import shares by sector to changes in real wages of skilled and unskilled workers (and, therefore, the skill premium), and quantify the importance of this effect for a large set of countries. (JEL E22, F11, F16, J24, L64)

Article Full-Text Access

Full-text Article

Additional Materials

Authors

Burstein, Ariel (UCLA)
Cravino, Javier (UCLA)
Vogel, Jonathan (Columbia U)

JEL Classifications

E22: Capital; Investment; Capacity
F11: Neoclassical Models of Trade
F16: Trade and Labor Market Interactions
J24: Human Capital; Skills; Occupational Choice; Labor Productivity
L64: Other Machinery; Business Equipment; Armaments

Comments

View Comments on This Article (0) | Login to post a comment


American Economic Journal: Macroeconomics


Quick Tools:

Sign up for Email Alerts

Follow us on Twitter

Subscription Information
(Institutional Administrator Access)

Explore:

AEJ: Macro - All Issues

AEJ: Macro - Forthcoming Articles

Virtual Field Journals


AEA Member Login:


AEAweb | AEA Journals | Contact Us