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dc.contributorUniversitat Pompeu Fabra. Departament d'Economia i Empresa
dc.contributor.authorEpifani, Paolo
dc.contributor.authorGancia, Gino
dc.date.accessioned2019-10-25T07:31:01Z
dc.date.available2019-10-25T07:31:01Z
dc.date.created2017-09-25 09:55
dc.date.issued2004-07-01
dc.identifieroai:hispana.mcu.es:17952747
dc.identifierReview of Economics and Statistics 88, 583-598, 2006
dc.identifierhttp://hdl.handle.net/10230/981
dc.identifierhttp://hispana.mcu.es/es/registros/registro.cmd?tipoRegistro=MTD&idBib=17952747
dc.identifier.urihttp://hdl.handle.net/20.500.12424/1373609
dc.description.abstractWe show how, in general equilibrium models featuring increasing returns, imperfect competition and endogenous markups, changes in the scale of economic activity affect income distribution across factors. Whenever final goods are gross-substitutes (gross- complements), a scale expansion raises (lowers) the relative reward of the scarce factor or the factor used intensively in the sector characterized by a higher degree of product differentiation and higher fixed costs. Under very reasonable hypothesis, our theory suggests that scale is skill-biased. This result provides a microfoundation for the secular increase in the relative demand for skilled labor. Moreover, it constitutes an important link among major explanations for the rise in wage inequality: skill-biased technical change, capital-skill complementarities and international trade. We provide new evidence on the mechanism underlying the skill bias of scale.
dc.language.isoeng
dc.publishere-Repositori: Repositori digital de la UPF
dc.relation.ispartofEconomics and Business Working Papers Series; 953
dc.rightshttp://creativecommons.org/licenses/by-nc-nd/3.0/es/
dc.titleIncreasing returns, imperfect competition and factor prices
dc.typeinfo:eu-repo/semantics/workingPaper
ge.collectioncodeOAIDATA
ge.dataimportlabelOAI metadata object
ge.identifier.legacyglobethics:11359242
ge.identifier.permalinkhttps://www.globethics.net/gtl/11359242
ge.lastmodificationdate2017-09-25 09:55
ge.lastmodificationuseradmin@pointsoftware.ch (import)
ge.submissions0
ge.oai.exportid149001
ge.oai.repositoryid7272
ge.oai.streamid5
ge.setnameGlobeTheoLib
ge.setspecglobetheolib
ge.linkhttp://hdl.handle.net/10230/981
ge.linkhttp://hispana.mcu.es/es/registros/registro.cmd?tipoRegistro=MTD&idBib=17952747


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