Konferenzbeitrag
Endogenous labor supply and trade
It is assumed in new trade theory and new economic geography that the supply of labor is fixed, which is not true in real labor markets. We develop a model of new trade theory by incorporating an elastic labor supply and analyze the impacts of technological progress on the equilibrium outcomes of working hours and economic welfare. We first show that the labor supply curve is backward bending. We then show that working hours in developed countries are longer in the first stages of development, but shorter in the second stages of development.
- Sprache
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Englisch
- Erschienen in
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Series: 55th Congress of the European Regional Science Association: "World Renaissance: Changing roles for people and places", 25-28 August 2015, Lisbon, Portugal
- Klassifikation
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Wirtschaft
Trade: General
General Regional Economics (includes Regional Data)
- Thema
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international trade
variable markup
endogenous labor supply
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Morita, Tadashi
Ago, Takanori
Tabuchi, Takatoshi
Yamamoto, Kazuhiro
- Ereignis
-
Veröffentlichung
- (wer)
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European Regional Science Association (ERSA)
- (wo)
-
Louvain-la-Neuve
- (wann)
-
2015
- Handle
- Letzte Aktualisierung
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20.09.2024, 08:23 MESZ
Datenpartner
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Objekttyp
- Konferenzbeitrag
Beteiligte
- Morita, Tadashi
- Ago, Takanori
- Tabuchi, Takatoshi
- Yamamoto, Kazuhiro
- European Regional Science Association (ERSA)
Entstanden
- 2015