Trade Imbalances, Export Structure and Wage Inequality
Dados Bibliográficos
| ID | 9708959 |
|---|---|
| Autores | Rosario Crinò (0000-0002-8562-1679, CEMFI and CEPR), Paolo Epifani (0000-0002-5480-3971, Bocconi University and Paolo Baffi Centre) |
| Ano | 2014 |
| Volume | 124 |
| Fascículo | 576 |
| Páginas | 507-539 |
| Data de publicação | 2014-05-01 |
| Peer Reviewed | Sim |
| Open Access | Sim |
| Tipo | ARTICLE |
| Periódico | The Economic Journal (JOURNAL) |
| Identificadores do periódico | ISSN: 0013-0133 • E-ISSN: 1468-0297 |
| Editora | Oxford University Press (OUP) (PUBLISHER) |
| DOI | 10.1111/ecoj.12134 |
| OpenAlex | W3121755856 |
| Idioma | EN |
| Citações recebidas | 3 |
| Referências citadas | 39 |
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
Econometrics · Economics · Inequality · International economics · International trade · Labour economics · Panel data · Wage · Wage Inequality · Economic Growth and Productivity · Global Financial Crisis and Policies · Global trade and economics
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| Obras citantes distintas | 3 |
|---|---|
| Citações por ano | 0,3 |
| Intervalo de citações | 2016 - 2023 (8) |
| Velocidade de citação | historical |
| Altamente citado | Não |
| Tipos de citação | Neutras: 3 |