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- W3102192018 abstract "This paper investigates the question as to whether trade with low-wage countries has contributed to wage inequality in high-income countries, as predicted by the Stolper-Samuelson theorem. The analysis is undertaken within the framework of a simple two-sector model. A major innovation of the study is to incorporate the role of trade barriers and subsidies in inducing skill-augmenting technological changes in import-affected sectors and, hence, in reducing the demand for and wages of unskilled labor. In particular, factor bias arising from the move toward capital- and skill-based production may have contributed to other trends in wage inequality. The paper finds that trade pressures alone could not have been much of a reason for pronounced wage inequality." @default.
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- W3102192018 date "2004-09-28" @default.
- W3102192018 modified "2023-09-24" @default.
- W3102192018 title "Does Trade with Low-wage Countries Cause Wage Inequality?" @default.
- W3102192018 doi "https://doi.org/10.1163/2667078x-00502005" @default.
- W3102192018 hasPublicationYear "2004" @default.
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