Biased technical change?
|Datum:||25 oktober 2016|
Laurie Reijnders, Marcel Timmer and Xianjia Ye have written a column for VOX EU based on their most recent research. They argue that the perspective of global value chains allows one to distinguish bias in technical change from the effects of offshoring. Applying their new method, they find evidence of factor bias in favour of high-skilled workers and capital and against low-skilled workers.