G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w6668
来源IDWorking Paper 6668
Trade Flows and Wage Premiums: Does Who or What Matter?
Mary E. Lovely; J. David Richardson
发表日期1998-07-01
出版年1998
语种英语
摘要In this paper we investigate relationships between trade, wages, and the rewards to skill for U.S. workers during the period 1981 - 92. We measure U.S. trade flows with three groups of trading partners -- industrial countries, newly industrial countries, and primary producers -- and we estimate the correlation of these trade flows with several types of wage premiums, using conditioning methods that separate pure wage premiums from the return to education industry by industry. We find that greater U.S. trade with newly industrializing countries is associated with increased rewards to skill and reduced rewards to pure labor, consistent with heightened wage inequality and distributional conflict. The opposite is usually true of greater trade with traditional industrial countries. Our interpretation of these results rests on two models. One is a model of North-North intraindustry trade in differentiated, skill-intensive intermediate goods ( horizontal' exchange) and North-South intraindustry trade in intermediates for finished manufactures ( vertical' exchange). The second is a simple model of industry wage premiums that are rewards for loyalty, firm-specific knowledge, or (dis)amenities, in which we posit different premiums for skilled and less-skilled workers whose labor markets are segmented from one another.
主题International Economics ; Trade ; Labor Economics ; Labor Compensation
URLhttps://www.nber.org/papers/w6668
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/564179
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Mary E. Lovely,J. David Richardson. Trade Flows and Wage Premiums: Does Who or What Matter?. 1998.
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