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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w7671 |
来源ID | Working Paper 7671 |
Information and Globalization: Wage Co-Movements, Labor Demand Elasticity, and Conventional Trade Liberalization | |
James E. Rauch; Vitor Trindade | |
发表日期 | 2000-04-01 |
出版年 | 2000 |
语种 | 英语 |
摘要 | We model home country familiarity with business opportunities in a foreign country as a parameter in a matching process between domestic and foreign firms. We show that as familiarity increases the effect of relative national labor supplies on relative national wages declines, the elasticity of domestic labor demand increases, and the extent of pass-through' of trade tax changes to home wages increases. Since the volume of trade is increasing in familiarity, trade liberalization has a greater impact on wages when the initial volume of trade is greater, all else equal. As familiarity becomes complete, the results of the 2 x 2 Heckscher-Ohlin-Samuelson model are obtained: relative national wages are fixed by trade taxes independent of relative national labor supplies, domestic labor demand is infinitely elastic, and pass-through of tax changes to wages is complete' in the sense that it is determined entirely by production technology and no arbitrage opportunities remain. |
主题 | International Economics ; Trade |
URL | https://www.nber.org/papers/w7671 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/565226 |
推荐引用方式 GB/T 7714 | James E. Rauch,Vitor Trindade. Information and Globalization: Wage Co-Movements, Labor Demand Elasticity, and Conventional Trade Liberalization. 2000. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w7671.pdf(565KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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