Arbeitspapier

Relative wage variation and industry location

Relative wages vary considerably across regions of the United Kingdom, with skill-abundant regions exhibiting lower skill premia than skill-scarce regions. This paper shows that the location of economic activity is correlated with the variation in relative wages. U.K. regions with low skill premia produce different sets of manufacturing industries than regions with high skill premia. Relative wages are also linked to subsequent economic development: over time, increases in the employment share of skill-intensive industries are greater in regions with lower initial skill premia. Both results suggest firms adjust production across and within regions in response to relative wage differences.

Sprache
Englisch

Erschienen in
Series: IFS Working Papers ; No. 03/17

Klassifikation
Wirtschaft
Neoclassical Models of Trade
Empirical Studies of Trade
Semiparametric and Nonparametric Methods: General
Thema
Deindustrialization
Relative Factor Prices
Diversification Cones
Regionale Lohnstruktur
Produktionsstandort
Großbritannien

Ereignis
Geistige Schöpfung
(wer)
Bernard, Andrew B.
Redding, Stephen
Schott, Peter K.
Simpson, Helen
Ereignis
Veröffentlichung
(wer)
Institute for Fiscal Studies (IFS)
(wo)
London
(wann)
2003

DOI
doi:10.1920/wp.ifs.2003.0317
Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Bernard, Andrew B.
  • Redding, Stephen
  • Schott, Peter K.
  • Simpson, Helen
  • Institute for Fiscal Studies (IFS)

Entstanden

  • 2003

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