Wage Implications of Trade Liberalisation: Evidence for Effective Policy Formation
The relationship between trade and wages has been subject to intense scrutiny in the academic literature with no clear consensus emerging. This paper adds to this body of research by moving beyond the single country analysis level to a panel including developed and developing countries and data thro...
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| Main Author: | |
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| Other Authors: | |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Paris
OECD Publishing
2011
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| Series: | OECD Trade Policy Papers
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| Subjects: | |
| Online Access: | Volltext |
| Summary: | The relationship between trade and wages has been subject to intense scrutiny in the academic literature with no clear consensus emerging. This paper adds to this body of research by moving beyond the single country analysis level to a panel including developed and developing countries and data through the mid 2000.s. First we examine the relationship between wages and trade using the approach of Feenstra and Hanson to calculate mandated wage changes for our dataset. We find that imports have a significant and positive impact on wages while the sign on tariffs is negative and significant. We also look at the relationship of wage differentials at the occupation level between partner countries. We find that the difference in occupation wage is smaller for large trade partners. Finally, we discuss the potential role of NTMs in influencing the wage and trade relationship |
| Physical Description: | 1 Online-Ressource (42 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/5kg3r80brt9n-en |
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| spelling | Stone, Susan Verfasser aut Wage Implications of Trade Liberalisation Evidence for Effective Policy Formation Susan Stone and Ricardo H. Cavazos Cepeda Paris OECD Publishing 2011 1 Online-Ressource (42 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier OECD Trade Policy Papers The relationship between trade and wages has been subject to intense scrutiny in the academic literature with no clear consensus emerging. This paper adds to this body of research by moving beyond the single country analysis level to a panel including developed and developing countries and data through the mid 2000.s. First we examine the relationship between wages and trade using the approach of Feenstra and Hanson to calculate mandated wage changes for our dataset. We find that imports have a significant and positive impact on wages while the sign on tariffs is negative and significant. We also look at the relationship of wage differentials at the occupation level between partner countries. We find that the difference in occupation wage is smaller for large trade partners. Finally, we discuss the potential role of NTMs in influencing the wage and trade relationship Trade Cavazos Cepeda, Ricardo H... ctb https://doi.org/10.1787/5kg3r80brt9n-en Verlag kostenfrei Volltext |
| spellingShingle | Stone, Susan Wage Implications of Trade Liberalisation Evidence for Effective Policy Formation Trade |
| title | Wage Implications of Trade Liberalisation Evidence for Effective Policy Formation |
| title_auth | Wage Implications of Trade Liberalisation Evidence for Effective Policy Formation |
| title_exact_search | Wage Implications of Trade Liberalisation Evidence for Effective Policy Formation |
| title_exact_search_txtP | Wage Implications of Trade Liberalisation Evidence for Effective Policy Formation |
| title_full | Wage Implications of Trade Liberalisation Evidence for Effective Policy Formation Susan Stone and Ricardo H. Cavazos Cepeda |
| title_fullStr | Wage Implications of Trade Liberalisation Evidence for Effective Policy Formation Susan Stone and Ricardo H. Cavazos Cepeda |
| title_full_unstemmed | Wage Implications of Trade Liberalisation Evidence for Effective Policy Formation Susan Stone and Ricardo H. Cavazos Cepeda |
| title_short | Wage Implications of Trade Liberalisation |
| title_sort | wage implications of trade liberalisation evidence for effective policy formation |
| title_sub | Evidence for Effective Policy Formation |
| topic | Trade |
| topic_facet | Trade |
| url | https://doi.org/10.1787/5kg3r80brt9n-en |
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