03 December 2012

CIRANO Note: Technology Transfers and Industry Closures

When, under free trade, the technology transfer causes the manufacturing industry to collapse in the home country, it experiences a drop in welfare and the price of the manufactured good rises. Daniel Leonard, Flinders University (Australia), and Ngo Van Long, CIRANO Fellow and McGill University, have made a study on the consequences of technology transfer.

 

Read the note