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Vintage technologies and skill constraints : evidence from U.S. exports of new and used machines (anglais)

When countries import production machinery, they must choose between new and used equipment. This article looks at that choice in the presence of labor-saving technical progress and complementarity between technologies and skills within the firm. It develops a theoretical model of the market for used machines. It then analyzes data on United States (U.S.) exports of metalworking machine tools by country of destination, classifying machines according...
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