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The divergence of unemployment rates between the United States and Europe coincided with a substantial acceleration in capital-embodied technical change in the late 1970s. Evidence suggests that European economies have lagged behind the United States in the adoption and usage of new...
Persistent link: https://www.econbiz.de/10011489796
This paper assesses the impact of international outsourcing/offshoring practices on the process of wage equalization … across manufacturing sectors in a sample of EU27 economies (1995-2009). We discriminate between heterogeneous wage effects on … integration, so we augment a model of conditional wage convergence through the inclusion of sector-specific broad and narrow …
Persistent link: https://www.econbiz.de/10011802179
international trade in manufacturing inputs. Being particularly interested in the wage effects of offshoring to low wage countries … domestic wages exhibited by offshoring to LWC is relatively small. LWC (Low wage countries) classifications employed in this …
Persistent link: https://www.econbiz.de/10011802284
the middle. Secondly, wage changes depend on the interplay between upstreamness and GVC intensity. In sectors close to …
Persistent link: https://www.econbiz.de/10011948514
This study presents a systematic literature review (SLR) to provide a collection of theories explaining the impact of global value chains (GVCs) on labour market outcomes. Due to the complex nature of GVCs and the interconnectedness of wages, employment, and productivity, many direct and...
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