Trade , Technology and UK Wage Inequality by Jonathan Haskel and Matthew Slaughter
نویسنده
چکیده
The U.K. skill premium fell from the 1950s to the late 1970s and then rose very sharply. This paper examines the contributions to these relative wage movements of international trade and technical change. We first measure trade as changes in product prices and technical change as TFP growth. Then we relate price and TFP changes to a set of underlying factors. Among a number of results, we find that changes in prices, not TFP, were the major force behind the rise in inequality in the 1980s. We also find that although increased trade pressure has raised technical change, its effect on wage inequality was not quantitatively significant. Outline
منابع مشابه
Trade, Technology and U.K. Wage Inequality*
The U.K. skill premium fell from the 1950s to the late 1970s and then rose very sharply. This paper examines the contributions to these relative wage movements of international trade and technical change. We first measure trade as changes in product prices and technical change as TFP growth. Then we relate price and TFP changes to a set of underlying factors. Among a number of results, we find ...
متن کاملDoes Nationality of Ownership Matter for Labor Demands?
Do multinational rms exhibit different patterns of labor demand from purely domestic rms? Many standardmodels of trade and multinational companies suggest one such differencemay be labor-demand elasticities. For several reasons, multinationalsmay have more-elastic labor demands than do purely domestic rms. In this paper we discuss the theory issues involved. We then present industry-level...
متن کاملDoes Nationality of Ownership Matter
Do multinational firms exhibit different patterns of labor demand from purely domestic firms? Many standard models of trade and multinational companies suggest such differences. We examine this question using a plant-level panel covering U.K. manufacturing from 1973 through 1992, where we can distinguish U.K.-headquartered multinationals, foreign-owned multinationals, and domestic U.K. firms. A...
متن کاملGlobalisation and Labour Demand Elasticities in Britain*
Do multinational firms exhibit different patterns of labor demand from purely domestic firms? Many standard models of trade and multinational companies suggest such differences. We examine this question using a plant-level panel covering U.K. manufacturing from 1973 through 1992, where we can distinguish U.K.-headquartered multinationals, foreign-owned multinationals, and domestic U.K. firms. A...
متن کاملAn Impact of Globalization on Gender Wage Inequality: A case Study of Selected Developing Countries
Globalization may have different impacts on the gender wage gap depending on the specialization and trade pattern as well as the socio-economic situation. The main purpose of this paper is to examine an impact of globalization on gender wage inequality. Specifically, the hypothesis is that globalization reduces gender wage gap. For this, we have employed a panel technique for 21 selected develo...
متن کامل