Labor markets and the choice of technology in an open developing economy (英语)

This paper highlights economic factors determining the choice of technology and openness in an intertemporal context in the presence of institutional constraints in the labor market. It considers the case in which a "more aggressive" development strategy involves an investment in a modern technology. The analysis evaluates the dependence of the choice of technology on the volatility of the shocks affecting the economy, the expected productivity gains...
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