Browsing Informes (Departament d'Economia i Empresa) by Author "Bustos, Paula"

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Industrialization without innovation

Bustos, Paula; Castro-Vincenzi, Juan; Monràs, Joan; Ponticelli, Jacopo (2023-09)

Labor-saving technologies in agriculture can foster structural transformation by releasing workers who find jobs in manufacturing. The traditional view is that factor reallocation towards manufacturing generates innovation ...
The effects of climate change on labor and capital reallocation

Albert, Christoph; Bustos, Paula; Ponticelli, Jacopo (2024-03)

Climate change is expected to reduce agricultural productivity in developing countries. Classic international trade and geography models predict that the optimal adaptation response is a reallocation of capital and labor ...

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