Trade Liberalization And Wage Inequality

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Trade Liberalization And Wage Inequality

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Author : Ms.Prachi Mishra
language : en
Publisher: International Monetary Fund
Release Date : 2005-01-01

Trade Liberalization And Wage Inequality written by Ms.Prachi Mishra 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 2005-01-01 with Business & Economics categories.

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.

Trade Liberalization And Wage Inequality

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Author : Utsav Kumar
language : en
Publisher:
Release Date : 2008

Trade Liberalization And Wage Inequality written by Utsav Kumar and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.

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 most 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. We also find that trade liberalization has led to decreased wage inequality between skilled and unskilled workers in India. This is consistent with the magnitude of tariff reductions being relatively larger in sectors with a higher proportion of unskilled workers.

The Education Bias Of Trade Liberalization And Wage Inequality In Developing Countries

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Author : Dawood Mamoon
language : en
Publisher:
Release Date : 2007

The Education Bias Of Trade Liberalization And Wage Inequality In Developing Countries written by Dawood Mamoon and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007 with Free trade categories.

Trade Liberalization And Wage Inequality

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Author : Dick Durevall
language : en
Publisher:
Release Date : 2006

Trade Liberalization And Wage Inequality written by Dick Durevall and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with categories.

Trade Liberalization And Wage Inequality In Mexico

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Author : Gordon Howard Hanson
language : en
Publisher:
Release Date : 1999

Trade Liberalization And Wage Inequality In Mexico written by Gordon Howard Hanson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with categories.

Does Tariff Liberalization Increase Wage Inequality

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Author : Branko Milanovi?
language : en
Publisher: World Bank Publications
Release Date : 2005

Does Tariff Liberalization Increase Wage Inequality written by Branko Milanovi? 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 Foreign trade regulation categories.

The objective of the paper is to answer an often-asked question : if tariff rates are reduced, what will happen to wage inequality ? We consider two types of wage inequality : between occupations (skills premium), and between industries. We use two large data bases of wage inequality that have become recently available and a large dataset of average tariff rates all covering the period between 1980 and 2000. We find that tariff reduction is associated with higher inter-occupational and inter-industry inequality in poorer countries (those below the world median income) and the reverse in richer countries. The results for inter-occupational inequality though must be treated with caution.

Trade Liberalization And Wage Inequality

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Author : Wolfgang Lechthaler
language : en
Publisher:
Release Date : 2015

Trade Liberalization And Wage Inequality written by Wolfgang Lechthaler and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.

We develop a dynamic general equilibrium trade model with comparative advantage, heterogeneous firms, heterogeneous workers and endogenous firm entry to study wage inequality during the adjustment after trade liberalization. We find that trade liberalization increases wage inequality both in the short run and in the long run. In the short run, wage inequality is mainly driven by an increase in inter-sectoral wage inequality, while in the medium to long run, wage inequality is driven by an increase in the skill premium. Incorporating worker training in the model considerably reduces the effects of trade liberalization on wage inequality. The effects on wage inequality are much more adverse when trade liberalization is unilateral instead of bilateral or restricted to specific sectors instead of including all sectors.

Trade Liberalization And Wage Inequality In Chile

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Author : Harald Beyer
language : en
Publisher:
Release Date : 1997

Trade Liberalization And Wage Inequality In Chile written by Harald Beyer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with categories.

Trade Liberalization Wage Inequality And Endogenously Determined Nontraded Goods

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Author : Bin Xu
language : en
Publisher:
Release Date : 2000

Trade Liberalization Wage Inequality And Endogenously Determined Nontraded Goods written by Bin Xu and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with categories.

Wage inequality fell in the 1960s and 1970s in Korea, Taiwan and Singapore but rose in the 1980s and 1990s in many developing countries that liberalized trade. This paper provides an explanation based on a model in which trade barriers give rise to nontraded goods. The model generates a U-shaped relationship between trade liberalization and wage inequality. When trade barriers are relatively high (low), trade liberalization causes wage inequality to fall (rise). The key is that trade liberalization, while increasing the demand for traded goods, reduces the demand for nontraded goods; the net effect determines relative wages.

Trade Liberalization And Wage Inequality In The Philippines

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Author : Rana Hasan
language : en
Publisher:
Release Date : 2010

Trade Liberalization And Wage Inequality In The Philippines written by Rana Hasan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with categories.