Heterogenous impacts of trade liberalization on individual wages
Evidence from Thailand
Bibliographic Data
| ID | 21310329 |
|---|---|
| Authors | Sasatra Sudsawasd (0000-0002-8178-1309, School of Development Economics National Institute of Development Administration Bangkok Thailand), Kazunobu Hayakawa (0000-0003-0032-9060, Bangkok Research Center, Institute of Developing Economies JETRO Bangkok Thailand, corresponding author) |
| Year | 2024 |
| Volume | 62 |
| Issue | 1 |
| Pages | 68-86 |
| Publication date | 2024-03-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Developing Economies (JOURNAL) |
| Journal identifiers | ISSN: 0012-1533 • E-ISSN: 1746-1049 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/deve.12375 |
| OpenAlex | W4381849509 |
| Language | EN |
| Citations received | 1 |
| References cited | 3 |
This study empirically examines how trade liberalization changes individuals' wages, with evidence from Thailand. We primarily focus on the effect of Thailand's tariff reduction under the ASEAN free trade regime. We use individual‐level employment data for 2001, 2006, 2011, and 2016. We find that the reduction in AFTA tariffs in Thailand decreases the relative wages of the more educated and skilled workers. Thus, trade liberalization contributes to narrowing income inequality in terms of education and skills. Contrastingly, we do not find heterogeneous effects according to age, sex, marital status, location, or company size. Moreover, the results do not differ significantly between industries with or without international competitiveness
Demographic economics · Economics · Free trade · Inequality · International economics · Labour economics · Liberalization · Tariff · Trade barrier · Wage · Wage Inequality · Fiscal Policy and Economic Growth · Global trade and economics · Taxation and Compliance Studies
| Citations per year | 0.33 |
|---|---|
| Citation span | 2023 - 2023 (1) |
| Highly cited | No |