| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP2720 |
| DP2720 Performance Incentives with Award Constraints | |
| Pascal Courty; Gerald Marschke | |
| 发表日期 | 2001-03-27 |
| 出版年 | 2001 |
| 语种 | 英语 |
| 摘要 | I review briefly the empirical evidence in the trade and wages debate, which overwhelmingly rejects the Heckscher-Ohlin explanation for recent increases in OECD skill premia. I then argue that the same evidence is also difficult to reconcile in general equilibrium with the view that exogenous skill-biased technological progress is the sole culprit. Finally, I present a model of oligopolistic competition, which is more consistent with the evidence. Removing quantitative import constraints (a metaphor for increased foreign competition) encourages both home and foreign firms to invest more aggressively, raising their demand for skilled labour even at unchanged relative wages. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Oecd wage inequality Oligopolistic competition Skill-biased technological progress Skill premia Trade and wages |
| URL | https://cepr.org/publications/dp2720 |
| 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/531776 |
| 推荐引用方式 GB/T 7714 | Pascal Courty,Gerald Marschke. DP2720 Performance Incentives with Award Constraints. 2001. |
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