| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2304 |
| DP2304 Will the Euro Create a Bonanza for Africa? | |
| Daniel Cohen; Nicolai Kristensen | |
| 发表日期 | 1999-11-30 |
| 出版年 | 1999 |
| 语种 | 英语 |
| 摘要 | We study the effect of 'globalization' on wage inequality. Our 'global' economy resembles Rosen's (1981) 'Superstars' economy, where a) innovations in production and communication technologies enable suppliers to reach a larger mass of consumers and to improve the (perceived) quality of their products and b) trade barriers fall. When transport costs fall, income is redistributed away from the non-exporting to the exporting sector of the economy. As the former turns out to employ workers of higher skill and pay, the effect is to raise wage inequality. Whether the least skilled stand to lose or gain from improved production or communication technologies, in contrast, depends on whether technology is skill-complementary, or a substitute. The model gives an intuitive explanation for the empirical regularities that skill intensity, market size and wages tend to be positively associated with exporting activity across sectors and plants. |
| 主题 | International Trade and Regional Economics ; Labour Economics |
| 关键词 | International trade Technological change Wage inequality |
| URL | https://cepr.org/publications/dp2304 |
| 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/531395 |
| 推荐引用方式 GB/T 7714 | Daniel Cohen,Nicolai Kristensen. DP2304 Will the Euro Create a Bonanza for Africa?. 1999. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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