| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP6411
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| DP6411 Innovation and the Export-productivity Link |
| Bruno Cassiman; Elena Golovko
|
| 发表日期 | 2007-08-03
|
| 出版年 | 2007
|
| 语种 | 英语
|
| 摘要 | This paper proposes a new mechanism linking trade and wage inequality in developing countries --- the quality-upgrading mechanism --- and investigates its empirical implications in panel data on Mexican manufacturing plants. In a model with heterogeneous plants and quality-differentiated goods, only the most productive plants in a country like Mexico enter the export market, they produce higher-quality goods to appeal to richer Northern consumers, and they pay high wages to attract and motivate a high-quality workforce. An exchange-rate devaluation leads initially more-productive, higher-wage plants to increase exports, upgrade quality, and raise wages relative to initially less-productive, lower-wage plants within each industry. Using the late-1994 peso crisis as a source of variation and a variety of proxies for plant productivity, I find that initially more-productive plants increased the export share of sales, white-collar wages, blue-collar wages, the relative wage of white-collar workers, and ISO 9000 certification more than initially less-productive plants during the peso crisis period, and that these differential changes were greater than in periods without devaluations before and after the crisis period. A factor-analytic strategy that relies more heavily on the theoretical structure and avoids the need to construct proxies finds similar results. These findings support the hypothesis that differential quality upgrading induced by the exchange rate shock tended to increase within-industry wage inequality. |
| 主题 | Development Economics
|
| 关键词 | Exchange-rate shock
Quality upgrading
Trade and wages
Wage inequality
|
| URL | https://cepr.org/publications/dp6411
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| 来源智库 | Centre for Economic Policy Research (United Kingdom)
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/535249
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推荐引用方式
GB/T 7714 |
Bruno Cassiman,Elena Golovko. DP6411 Innovation and the Export-productivity Link. 2007.
|
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