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| 082 | 0 |
_a331.11422 _221 |
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| 100 | 1 |
_95130 _aMarkusen, James R., _d1948- |
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| 245 | 1 | 0 |
_aLearning on the quick and cheap : _bgains from trade through imported expertise / _cJames R. Markusen, Thomas F. Rutherford. |
| 260 |
_aFrankfurt and Main : _bDeutsche Bundesbank, _c2005 |
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| 300 | _a44 p. | ||
| 490 | 1 |
_aDiscussion paper. Serie 1: economic studies ; _vno. 14/2005 |
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| 504 | _aBibliografía: p. 22-23. | ||
| 520 | 3 | _aGains from productivity and knowledge transmission arising from the presence of foreign firms has received a good deal of empirical attention, but micro-foundations for this mechanism are weak . Here we focus on production by foreign experts who may train domestic unskilled workers who work with them. Gains from training can in turn be decomposed into two types: (a) obtaining knowledge and skills at a lower cost than if they are self-taught at home, (b) producing domestic skilled workers earlier in time than if they the domestic economy had to rediscover the relevant knowledge through reinventing the wheel'. We develop a three-period model in which the economy initially has no skilled workers. Workers can withdraw from the labor force for two periods of self study and then produce as skilled workers in the third period. Alternatively, foreign experts can be hired in period 1 and domestic unskilled labor working with the experts become skilled in the second period. We analyze how production, training, and welfare depend on two important parameters: the cost of foreign experts and the learning (or absorptive') capacity of the domestic economy. | |
| 650 | 4 |
_aEMPRESAS MULTINACIONALES _94222 |
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| 650 | 4 |
_aTRABAJADORES ESPECIALIZADOS _95198 |
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| 650 | 4 |
_aANALISIS ECONOMETRICO _997 |
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| 650 | 4 |
_aMANO DE OBRA _91536 |
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| 653 | 4 | _aEMPRESAS TRANSNACIONALES | |
| 653 | 4 | _aFUERZA DE TRABAJO | |
| 653 | 4 | _aPOBLACION ACTIVA | |
| 653 | 4 | _aOBREROS CALIFICADOS | |
| 700 | 1 |
_aRutherford, Thomas F. _94090 |
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| 830 | 0 |
_94690 _aDiscussion paper (Deutsche Bundesbank). _pSeries 1: economic studies _vno. 14/2005 |
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| 856 | 4 | _uhttp://www.bundesbank.de/Redaktion/EN/Downloads/Publications/Discussion_Paper_1/2005/2005_05_06_dkp_14.pdf?__blob=publicationFile | |
| 942 |
_cDOCU _jF 331.11422 M 21040 _2ddc |
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| 945 |
_aBEA _c2013-09-16 |
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| 999 |
_c23689 _d23689 |
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