| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w15196 |
| 来源ID | Working Paper 15196 |
| International Welfare and Employment Linkages Arising from Minimum Wages | |
| Hartmut Egger; Peter Egger; James R. Markusen | |
| 发表日期 | 2009-07-30 |
| 出版年 | 2009 |
| 语种 | 英语 |
| 摘要 | We formulate a two-country model with monopolistic competition and heterogeneous firms to reconsider labor market linkages in open economies. Labor-market imperfections arise by virtue of country-specific real minimum wages. Two principal experiments are considered. First, we show that trade liberalization under minimum wages differs significantly from trade liberalization under standard assumptions. In the former case, there is effectively a perfectly elastic supply of labor to production whereas in the conventional case it is assumed that aggregate labor supply is perfectly inelastic. Standard effects on marginal and average firm productivity are reversed in our model, yet there are significant gains from trade arising from employment expansion, an effect quite different from the source of gains from trade in the conventional approach. Second, we show that with firm heterogeneity an increase in one country's minimum wage triggers firm exit in both countries and thus harms workers at home and abroad. In an extension to our baseline model, we illustrate that offshoring production from the high-wage to the low-wage country within multinational firms lowers the scope for exporting the costs of a higher minimum wage to the trading partner. |
| 主题 | International Economics ; Trade ; International Factor Mobility ; Labor Economics ; Labor Compensation |
| URL | https://www.nber.org/papers/w15196 |
| 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/572872 |
| 推荐引用方式 GB/T 7714 | Hartmut Egger,Peter Egger,James R. Markusen. International Welfare and Employment Linkages Arising from Minimum Wages. 2009. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w15196.pdf（259KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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