Factor mobility and skilled-unskilled wage inequality in the presence of internationally traded product varieties

被引：23
|
作者：
Zhang, Jingjing [1 ]
机构：
[1] Univ Western Sydney, Sch Business, Penrith, NSW 2751, Australia
来源：
ECONOMIC MODELLING | 2013年 / 30卷
关键词：
Skilled-unskilled wage inequality; Product varieties; Monopolistic competition; Foreign direct investment; International factor mobility; Short-run versus long-run analysis; TECHNOLOGY; LABOR; LIBERALIZATION; COMPETITION; SERVICES; GLOBALIZATION; EDUCATION; RISE;
D O I：
10.1016/j.econmod.2012.10.011
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Most existing studies examine the issue of skilled-unskilled wage inequality by using models that are relevant only in the long-run. In addition, studies that utilise product variety models assume that varieties of producer services are non-traded. Using a product variety model, this paper examines the issue of the skilled-unskilled wage inequality when producer services are internationally traded. The paper shows that, irrespective of the size of income share of capital, inflow of capital (which can also be interpreted as foreign direct investment) has no effect on skilled-unskilled wage inequality in the short-run. However, in the long-run, inflow of capital can decrease the skilled-unskilled wage inequality. An increase in the price of the agricultural good can decrease the skilled-unskilled wage inequality in the short-run. (c) 2012 Elsevier B.V. All rights reserved.
引用
收藏
页码：579 / 585
页数：7
相关论文
共 50 条
12345