Arbeitspapier
Globalization, Roundaboutness, and Relative Wages
We depart from the trade and wages literature and its emphasis on North-South trade, examining North-North by developing the basic linkages between trade-based integration and relative wages in an Ethier-type division of labor model. Using this model we identify a formal relationship between international trade, productivity, and wages. We then examine the trivariate relationship between trade, growth in total factor productivity (TFP), and the skill premium in a vector autoregression framework. We find evidence of a long-run relationship between growth in intermediate goods and changes in TFP. Controlling for this relationship we also find a positive relationship between trade and the skill-premium.
- Sprache
-
Englisch
- Erschienen in
-
Series: Tinbergen Institute Discussion Paper ; No. 04-021/2
- Klassifikation
-
Wirtschaft
Trade and Labor Market Interactions
Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
- Thema
-
trade and wages
globalization
division of labor
monopolistic competition
intra-industry trade
Internationale Wirtschaft
Internationale Arbeitsteilung
Lohn
Produktivität
Monopolistischer Wettbewerb
Globalisierung
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Francois, Joseph
Grier, Kevin
Nelson, Douglas
- Ereignis
-
Veröffentlichung
- (wer)
-
Tinbergen Institute
- (wo)
-
Amsterdam and Rotterdam
- (wann)
-
2004
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Francois, Joseph
- Grier, Kevin
- Nelson, Douglas
- Tinbergen Institute
Entstanden
- 2004
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