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Conventional trade theory, which combines the Heckscher-Ohlin theory and the Stolper-Samuelson theorem, implies that expanded trade between developed and developing countries will increase wage inequality in the developed countries. This theory is widely applied. It serves as the basis for...
Persistent link: https://www.econbiz.de/10012462550
This study uses both a net factor content analysis and a small simulation model to explore the impact on the U.S. labor market of a fivefold increase in imports of manufactured goods from developing countries. The simulation, which is parameterized by the US economy in 1990, involves a balanced...
Persistent link: https://www.econbiz.de/10012473212
International trade has had some impact on relative industry wages, but cannot explain widening wage differentials by education, skill, or occupation. Likewise, the slow growth of average wages during the 1980s cannot be explained by international trade
Persistent link: https://www.econbiz.de/10012766827
Intro -- Contents -- Preface -- Acknowledgments -- Chapter 1 Introduction -- Distinctions and Qualifications -- Plan of the Study -- Chapter 2 The Wage-Productivity Gap, 1981-2006 -- Measurement Adjustments -- Role of Wage Inequality -- Rise in Skills of Non-Blue-Collar Workers -- Profits and...
Persistent link: https://www.econbiz.de/10012687761
Conventional trade theory, which combines the Heckscher-Ohlin theory and the Stolper-Samuelson theorem, implies that expanded trade between developed and developing countries will increase wage inequality in the developed countries. This theory is widely applied. It serves as the basis for...
Persistent link: https://www.econbiz.de/10013142076
This study uses both a net factor content analysis and a small simulation model to explore the impact on the U.S. labor market of a fivefold increase in imports of manufactured goods from developing countries. The simulation, which is parameterized by the US economy in 1990, involves a balanced...
Persistent link: https://www.econbiz.de/10013226923
"Conventional trade theory, which combines the Heckscher-Ohlin theory and the Stolper-Samuelson theorem, implies that expanded trade between developed and developing countries will increase wage inequality in the developed countries. This theory is widely applied. It serves as the basis for...
Persistent link: https://www.econbiz.de/10008699832