| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP435 |
| DP435 Industrial Policy in the Presence of Wage Distortion: The Case of the US Auto and Steel Industries | |
| Jaime de Melo; David Tarr | |
| 发表日期 | 1990-07-01 |
| 出版年 | 1990 |
| 语种 | 英语 |
| 摘要 | This paper examines the welfare effects of protection in two sectors characterized by high wage premia, autos and steel, to determine if protection is justified to correct for the labor misallocation due to wage premia. If wage premia are exogenous, under most product market structures, labor misallocation is too small to justify protection. More importantly, we argue that due to union influence in autos and steel, the wage premium is endogenous. If this is the case, then wage premia may even exacerbate the welfare costs of protecti. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Protectionism Trade policy Unions Wage premium |
| URL | https://cepr.org/publications/dp435 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529590 |
| 推荐引用方式 GB/T 7714 | Jaime de Melo,David Tarr. DP435 Industrial Policy in the Presence of Wage Distortion: The Case of the US Auto and Steel Industries. 1990. |
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