Trade Liberalization And Industry Wage Structure
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Author | : Pinelopi K. Goldberg |
Publisher | : Edward Elgar Publishing |
Total Pages | : 0 |
Release | : 2015 |
Genre | : Balance of trade |
ISBN | : 9781783479474 |
This research review brings together the most influential theoretical and empirical contributions to the topic of trade and inequality from recent years. Segregating the subject into four key areas, it forms a comprehensive study of the subject, targeted at academic readers familiar with the main trade models and empirical methods used in economics. The first two parts cover empirical evidence on trade and inequality in developed and developing countries, while the third and fourth sections confront transition dynamics following trade liberalization and new theoretical contributions inspired by the previously-discussed empirical evidence, respectively. Presented with an extensive original introduction by the editor, Trade and Inequality will be an invaluable tool in the study of this field to advanced undergraduate students, graduate students and faculty alike.
Author | : Ann Harrison |
Publisher | : University of Chicago Press |
Total Pages | : 674 |
Release | : 2007-11-01 |
Genre | : Business & Economics |
ISBN | : 0226318001 |
Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.
Author | : Romain Wacziarg |
Publisher | : Edward Elgar Publishing |
Total Pages | : 0 |
Release | : 2018 |
Genre | : Free trade |
ISBN | : 9781788111492 |
This compelling two-volume collection presents the major literary contributions to the economic analysis of the consequences of trade liberalization on growth, productivity, labor market outcomes and economic inequality. Examining the classical theories that stress gains from trade stemming from comparative advantage, the selection also comprises more recent theories of imperfect competition, where any potential gains from trade can stem from competitive effects or the international transmission of knowledge. Empirical contributions provide evidence regarding the explanatory power of these various theories, including work on the effects of trade openness on economic growth, wages, and income inequality, as well as evidence on the effects of trade on firm productivity, entry and exit. Prefaced by an original introduction from the editor, the collection will to be an invaluable research resource for academics, practitioners and those drawn to this fascinating topic.
Author | : Alan V. Deardorff |
Publisher | : University of Michigan Press |
Total Pages | : 408 |
Release | : 1994 |
Genre | : Business & Economics |
ISBN | : 9780472105335 |
Collects the original Stolper-Samuelson article and most significant later contributions that interpret, extend, and test the basic result
Author | : Marion Jansen |
Publisher | : |
Total Pages | : 0 |
Release | : 2011 |
Genre | : Foreign trade and employment |
ISBN | : 9789221253211 |
Author | : Ms.Prachi Mishra |
Publisher | : International Monetary Fund |
Total Pages | : 44 |
Release | : 2005-01-01 |
Genre | : Business & Economics |
ISBN | : 1451860390 |
We evaluate empirically the impact of the dramatic 1991 trade liberalization in India on the industry wage structure. The empirical strategy uses variation in industry wage premiums and trade policy across industries and over time. In contrast to earlier studies on developing countries, we find a strong, negative, and robust relationship between changes in trade policy and changes in industry wage premiums over time. The results are consistent with liberalization-induced productivity increases at the firm level, which get passed on to industry wages. Since tariff reductions were proportionately larger in sectors that employ a larger share of unskilled workers, the increase in wage premiums in these sectors implies that unskilled workers experienced an increase in their relative incomes. Thus, our findings suggest that trade liberalization has led to decreased wage inequality in India.
Author | : Carl Davidson |
Publisher | : W.E. Upjohn Institute |
Total Pages | : 156 |
Release | : 2004 |
Genre | : Business & Economics |
ISBN | : 0880992743 |
Author | : Edward P. Lazear |
Publisher | : University of Chicago Press |
Total Pages | : 473 |
Release | : 2009-05-15 |
Genre | : Business & Economics |
ISBN | : 0226470512 |
The distribution of income, the rate of pay raises, and the mobility of employees is crucial to understanding labor economics. Although research abounds on the distribution of wages across individuals in the economy, wage differentials within firms remain a mystery to economists. The first effort to examine linked employer-employee data across countries, The Structure of Wages:An International Comparison analyzes labor trends and their institutional background in the United States and eight European countries. A distinguished team of contributors reveal how a rising wage variance rewards star employees at a higher rate than ever before, how talent becomes concentrated in a few firms over time, and how outside market conditions affect wages in the twenty-first century. From a comparative perspective that examines wage and income differences within and between countries such as Denmark, Italy, and the Netherlands, this volume will be required reading for economists and those working in industrial organization.
Author | : Pedro Aspe Armella |
Publisher | : MIT Press |
Total Pages | : 306 |
Release | : 1993 |
Genre | : Business & Economics |
ISBN | : 9780262011358 |
The book examines how Mexico has tried to stabilize its economy with measures such as economic deregulation, fiscal reform, privatization of state-owned enterprises, and realistic budget management.
Author | : Claire H. Hollweg |
Publisher | : World Bank Publications |
Total Pages | : 123 |
Release | : 2014-07-03 |
Genre | : Business & Economics |
ISBN | : 1464802637 |
This report quantifies labor mobility costs in developing countries and simulates the implied adjustment paths of employment and wages following a change in trade policy. High mobility costs are shown to reduce the potential gains to trade reform.