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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP9900 |
DP9900 Trade Imbalances, Export Structure and Wage Inequality | |
Paolo Epifani; Rosario Crinò | |
发表日期 | 2014-03-16 |
出版年 | 2014 |
语种 | 英语 |
摘要 | We study, both theoretically and empirically, how trade imbalances affect the structure of countries' exports and wage inequality. We show that, in a Heckscher-Ohlin model with a continuum of goods, a Southern (Northern) trade surplus leads to an increase (reduction) in the average skill intensity of exports, in the relative demand for skills and in the skill premium in both countries. We provide robust support for the mechanism underlying these predictions using a large panel of countries observed over the past 30 years. Our results suggest that the large and growing North-South trade imbalances arisen over the last three decades may have exacerbated wage inequality worldwide. |
主题 | International Trade and Regional Economics |
关键词 | North-south trade imbalances Average skill intensity of exports Skill premia |
URL | https://cepr.org/publications/dp9900 |
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/538734 |
推荐引用方式 GB/T 7714 | Paolo Epifani,Rosario Crinò. DP9900 Trade Imbalances, Export Structure and Wage Inequality. 2014. |
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