G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1679
DP1679 The Earnings Distribution and Returns to Education in Ireland, 1987-94
Brian Nolan; Tim Callan; Alan Barrett
发表日期1997-07-30
出版年1997
语种英语
摘要Trade theorists have come to understand that their theory is ambiguous on the question: are trade and factor flows substitutes? While this sounds like an open invitation for empirical research, hardly any serious econometric work has appeared in the literature. This paper uses history to fill the gap. It treats the experience of the Atlantic economy between 1870 and 1940 as panel data with almost 700 observations. When shorter run business cycles and ?long swings? are extracted from the panel data, substitutability is soundly rejected. When secular relationships are extracted over longer time periods and across trading partners, once again substitutability is soundly rejected. Finally, the paper explores immigration policy and finds that policy-makers never behaved as if they viewed trade and immigration as substitutes.
关键词Factor mobility Trade
URLhttps://cepr.org/publications/dp1679
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/530820
推荐引用方式
GB/T 7714
Brian Nolan,Tim Callan,Alan Barrett. DP1679 The Earnings Distribution and Returns to Education in Ireland, 1987-94. 1997.
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