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Full Description
Technology plays an increasing role in competitiveness in the global market. This authoritative new book consists of essays - theoretical as well as empirical - studying the relationships between technology, growth, international competitiveness and employment.The first part of the book shows that international competitiveness and market shares are mainly determined by R&D efforts and technological advantages. It goes on to provide some evidence for the importance of home market size for competitiveness and for the role of proximity and trade flows for stimulating dispersion of new knowledge. Issues discussed include the implications for growth of technical progress as a learning process and of the degree of openness of the economy. The book also addresses the role of multinationals as vehicles for technology diffusion and of monetary policy in a growth context, and the effects of technical progress on the demand for labour, skilled as well as unskilled.
Technology and International Trade will be of interest to academics particularly those in the fields of international trade, economic growth, industrial organization and technology.
Contents
Contents: Preface Introduction 1. Productivity Growth and Shifting Comparative Advantage on the Industry Level (E.N. Wolff) 2. Technical Progress, Capital Accumulation and Changing International Competitiveness 3. Competitiveness, Scale and R&D (J. Fagerberg) 4. Technology, Employment and Trade: Perspectives on European Integration 5. New Theory and Evidence on the Standard Good Hypothesis (A. Melchior) 6. Dynamic Comparative Advantages in a Ricardian Model (J.D. Hansen) 7. Trade and Growth: A Survey (S. Dowrick) 8. Knowledge Inflow to Sweden: Does Geography and International Trade Matter? (F. Sjöholm) 9. Decentralization of Research and Development by Multinational Companies: Determinants and Future Prospects (S. Globerman) 10. Growth-enhancing Policies in a Small Open Economy (A. Sorensen) 11. A Monetary, Open Economy, R&D-growth Model (J. Honkatukia) 12. Trade, Technology and Changes in Employment of Skilled Labour in Swedish Manufacturing (P. Hansson) Index
