Product Market Integration, Wage Dispersion and Unemployment

Arbeitspapier

Even when international product market integration is taking place between fairly similar countries with low labour mobility, it may have important effects for labour markets by increasing the mobility of jobs. This creates both opportunities through exports and threats from imports. Is there any reason why the benefits and costs of product market integration should be unequally distributed across different groups in the labour market? Considering integration as a gradual process lowering trade frictions it is found that there is such a bias in the sense that the gains tend to accrue to the high paid and the loses to the low paid. Product market integration may thus lead to a more inequal distribution of wages and employment, even though there are aggregate gains in terms of higher real incomes and employment.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IZA Discussion Papers ; No. 279

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Economic Integration ; Wages, Compensation, and Labor Costs: General ; Labor-Management Relations, Trade Unions, and Collective Bargaining: General
• Thema: Trade frictions ; wage formation ; inequality and unemployment ; Wirtschaftsunion ; Marktintegration ; Außenhandelseffekt ; Lohnstruktur ; Humankapital ; Einkommensverteilung ; Arbeitslosigkeit ; Ungelernte Arbeitskräfte ; Theorie

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Torben M. Andersen
• Ereignis: Veröffentlichung
• (wer): Institute for the Study of Labor (IZA)
• (wo): Bonn
• (wann): 2001

Weitere Informationen

• Handle: http://hdl.handle.net/10419/21131
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ