G2TT
来源类型Discussion paper
规范类型论文
来源IDDP2273
DP2273 The New Federalism: Distributional Conflict, Voluntarism and Segregation
Kimberley Scharf; Ignatius J Horstmann
发表日期1999-10-29
出版年1999
语种英语
摘要In an economy with imperfect labour contracts, differences in the distribution of human capital are an independent source of comparative advantage. I study a world economy with two sectors, one where output is produced by teams and another where individuals can work alone. When workers' abilities are private information and workers cannot verify the value of output or the level of a firm's profits, feasible labour contracts fail to generate efficient matching of workers within teams. The mismatch of talent on teams is more severe in the country with the more heterogeneous labour force, which generates a comparative disadvantage for this country in team production. Trade exacerbates the 'polarization' of the more diverse society. National income could be raised, and the distribution of income improved, by a marginal expansion in the size of the team sector.
主题International Trade and Regional Economics
关键词Comparative advantage Diversity Income distribution Labour contracts Team production
URLhttps://cepr.org/publications/dp2273
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/531366
推荐引用方式
GB/T 7714
Kimberley Scharf,Ignatius J Horstmann. DP2273 The New Federalism: Distributional Conflict, Voluntarism and Segregation. 1999.
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