G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w7671
来源IDWorking 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
URLhttps://www.nber.org/papers/w7671
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/565226
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James E. Rauch,Vitor Trindade. Information and Globalization: Wage Co-Movements, Labor Demand Elasticity, and Conventional Trade Liberalization. 2000.
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