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• W2182323843 abstract "We present a simple model of trade in symmetrically differentiated goods where international market integration lowers the costs of intermediate inputs (“machines”) used to carry out production tasks, causing workers with different comparative abilities to be sorted across a narrower range of tasks and raising the concentration of earnings. The accompanying shift in input use further expands the range of traded varieties, which further lowers the cost of machines. Effects on the volume of intermediate goods trade and on the number of varieties produced are mutually reinforcing in the model, resulting in a multiplier effect of market integration on wage concentration." @default.
• W2182323843 created "2016-06-24" @default.
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• W2182323843 date "2014-01-01" @default.
• W2182323843 modified "2023-09-26" @default.
• W2182323843 title "Trade, Wage Concentration, and the Cost and Volume of Traded Machines" @default.
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• W2182323843 hasPublicationYear "2014" @default.
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