The Impact Of International Trade On Wages
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The Impact Of International Trade On Wages
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Author : Robert C. Feenstra
language : en
Publisher: University of Chicago Press
Release Date : 2008-04-15
The Impact Of International Trade On Wages written by Robert C. Feenstra and has been published by University of Chicago Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-04-15 with Political Science categories.
Since the early 1980s, the U.S. economy has experienced a growing wage differential: high-skilled workers have claimed an increasing share of available income, while low-skilled workers have seen an absolute decline in real wages. How and why this disparity has arisen is a matter of ongoing debate among policymakers and economists. Two competing theories have emerged to explain this phenomenon, one focusing on international trade and labor market globalization as the driving force behind the devaluation of low-skill jobs, and the other focusing on the role of technological change as a catalyst for the escalation of high-skill wages. This collection brings together innovative new ideas and data sources in order to provide more satisfying alternatives to the trade versus technology debate and to assess directly the specific impact of international trade on U.S. wages. This timely volume offers a thorough appraisal of the wage distribution predicament, examining the continued effects of technology and globalization on the labor market.
Sticky Feet
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Author : Claire H. Hollweg
language : en
Publisher: World Bank Publications
Release Date : 2014-07-03
Sticky Feet written by Claire H. Hollweg and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-07-03 with Business & Economics categories.
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.
Trade Jobs And Wages
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Author : Hian Teck Hoon
language : en
Publisher: Edward Elgar Publishing
Release Date : 2000-01-01
Trade Jobs And Wages written by Hian Teck Hoon and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-01-01 with Business & Economics categories.
The world's increasing integration through trade and the persistence of high unemployment in Europe, and other areas of the world, highlight the need to understand the implications of free trade for unemployment. Trade, Jobs and Wages analyses how employment levels and real wages are affected by international trade. Popular trade theory disregards the impact of free trade on the rate of unemployment, since it assumes full employment at the outset. By focusing on the determinants of the natural rate of unemployment, Professor Hoon places an emphasis on real, as opposed to monetary, factors in accounting for long term trends in wages and unemployment.
International Trade And Wage Discrimination
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Author : Yana van der Meulen Rodgers
language : en
Publisher: World Bank Publications
Release Date : 2003
International Trade And Wage Discrimination written by Yana van der Meulen Rodgers and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Information technology categories.
This study explores the impact of competition from international trade on wage discrimination by sex in two highly open economies. If discrimination is costly, as posited in neoclassical theory based on Becker (1959), then increased industry competitiveness from international trade reduces the incentive for employers to discriminate against women. Alternatively, increased international trade may contribute to employment segregation and reduced bargaining power for women to achieve wage gains. The approach centers on comparing the impact of international trade on wage discrimination in concentrated and nonconcentrated sectors. The effect of international trade competition is expected to be more pronounced in concentrated sectors, where employers can use excess profits in the absence of trade to cover the costs of discrimination. Wage discrimination is proxied by the portion of the wage gap that cannot be explained by observable skill differences between men and women. The empirical model is estimated using a rich panel data set of residual wage gaps, trade ratios, and alternative measures of domestic concentration for Taiwan (China) and the Republic of Korea during the 1980s and 1990s. Results indicate that in contrast to the implications of neoclassical theory, competition from foreign trade in concentrated industries is positively associated with wage discrimination. These results imply that concerted efforts to enforce equal pay legislation and apply effective equal opportunity legislation are crucial for ensuring that women's pay gains will match those of men in a competitive environment. This paper--a product of the Gender Division, Poverty Reduction and Economic Management Network--is part of a larger effort in the network to understand the impact of trade on labor markets.
The Impact Of Trade Prices On Employment And Wages In The United States
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Author : Ms.Dalia Hakura
language : en
Publisher: International Monetary Fund
Release Date : 1997-09-01
The Impact Of Trade Prices On Employment And Wages In The United States written by Ms.Dalia Hakura and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-09-01 with Business & Economics categories.
This paper investigates the sensitivity of sectoral employment and wages in the United States to changes in foreign trade prices for 1980–90. Previous studies have concentrated mainly on the impact of changes in import prices on employment and wage levels. This paper estimates the impact of changes in both import and export prices on employment and wages in each of 12 three-digit standard industrial classification (SIC) manufacturing sectors. The basic conclusion is that, for most sectors, changes in trade prices do not have significant effects on employment and wages, although they generally have a larger impact on employment than on wages.
Trade And Employment
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Author : Bernard M. Hoekman
language : en
Publisher: World Bank Publications
Release Date : 2005
Trade And Employment written by Bernard M. Hoekman and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Commerce categories.
"The substantial literature investigating the links between trade, trade policy, and labor market outcomes-both returns to labor and employment-has generated a number of stylized facts, but many open questions remain. This paper surveys the subset of the literature focusing on trade policy and integration into the world economy. Although in the longer run trade opportunities can have a major impact in creating more productive and higher paying jobs, this literature tends to take employment as given. A common finding is that much of the shorter run impacts of trade and reforms involve reallocation of labor or wage impacts within sectors. This reflects a pattern of expansion of more productive firms-especially export-oriented or suppliers to exporters-and contraction and adjustment of less productive enterprises in sectors that become subject to greater import competition. Wage responses to trade and trade reforms are generally greater than employment impacts, but trade can only explain a small fraction of the general increase in wage inequality observed in both industrial and developing countries in recent decades. A feature of the literature survey is that the focus is almost exclusively on industries producing goods. Given the importance of service industries as a source of employment and determinants of competitiveness, the paper argues that one priority area for future research is to study the employment effects of services trade and investment reforms. "--World Bank web site.
The Impact Of International Trade On The Wages Of Canadians
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Author : Omar Zakhilwal
language : en
Publisher:
Release Date : 2000
The Impact Of International Trade On The Wages Of Canadians written by Omar Zakhilwal and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Foreign trade and employment categories.
International Trade Wage Inequality And The Developing Economy
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Author : Sugata Marjit
language : en
Publisher: Physica
Release Date : 2003-04-15
International Trade Wage Inequality And The Developing Economy written by Sugata Marjit and has been published by Physica this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-04-15 with Business & Economics categories.
This book deals with the impact that international trade is likely to have on the skilled-unskilled wage gap in a typical developing economy. This is the first theoretical monograph on this particular issue which has already generated substantial debate and voluminous work for the developed countries. A unique feature of this work is that it tries to explain the possibility of rising inequality across trading nations and looks at the segmented labour markets of the poor economies. It makes convincing arguments that the standard general equilibrium models, the main workhorse of trade theory, can be given a creative facelift to address a number of critical and emerging issues in the area of trade and development.
International Trade And Labor Markets
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Author : Carl Davidson
language : en
Publisher: W.E. Upjohn Institute
Release Date : 2004
International Trade And Labor Markets written by Carl Davidson and has been published by W.E. Upjohn Institute this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Business & Economics categories.
International Trade Wage Inequality And The Developing Economy
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Author : Sugata Marjit
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-12-06
International Trade Wage Inequality And The Developing Economy written by Sugata Marjit and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-12-06 with Business & Economics categories.
This book deals with the impact that international trade is likely to have on the skilled-unskilled wage gap in a typical developing economy. This is the first theoretical monograph on this particular issue which has already generated substantial debate and voluminous work for the developed countries. A unique feature of this work is that it tries to explain the possibility of rising inequality across trading nations and looks at the segmented labour markets of the poor economies. It makes convincing arguments that the standard general equilibrium models, the main workhorse of trade theory, can be given a creative facelift to address a number of critical and emerging issues in the area of trade and development.