Defensive Innovations

Arbeitspapier

Defensive innovations in developed countries can explain the empirical phenomenon that openness towards trade with less-developed countries does not necessarily induce a substantial increase in the wage differential and trade volumes. Building on step-by-step innovations as introduced by Aghion et al. (2001), we show that defensive innovations can result from private incentives. In particular, minimum wages can induce defensive innovations which then redistribute income away from workers. Suggestive empirical evidence is consistent with the implications of defensive innovations for wage differentials, trade volumes and the sectorial composition within and across OECD countries.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IZA Discussion Papers ; No. 454

Klassifikation und Themen

• Klassifikation: Wirtschaft
• Thema: Step-by-step innovations ; openness ; minimum wage ; Innovation ; Imitationswettbewerb ; Außenhandelsliberalisierung ; Internationaler Wettbewerb ; Forschung ; Lohnstruktur ; Neue Wachstumstheorie ; Schätzung ; Theorie ; OECD-Staaten

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Koeniger, Winfried
• Ereignis: Veröffentlichung
• (wer): Institute for the Study of Labor (IZA)
• (wo): Bonn
• (wann): 2002

Weitere Informationen

• Handle: http://hdl.handle.net/10419/21502
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ