Verfügbarkeit: Trade Liberalization and Wage Inequality

Trade Liberalization and Wage Inequality: Evidence From India

We evaluate empirically the impact of the dramatic 1991 trade liberalization in India on the industry wage structure. The empirical strategy uses variation in industry wage premiums and trade policy across industries and over time. In contrast to earlier studies on developing countries, we find a st...

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1. Verfasser:	Mishra, Prachi (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 2005
Schriftenreihe:	IMF Working Papers Working Paper No. 05/20
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext
Zusammenfassung:	We evaluate empirically the impact of the dramatic 1991 trade liberalization in India on the industry wage structure. The empirical strategy uses variation in industry wage premiums and trade policy across industries and over time. In contrast to earlier studies on developing countries, we find a strong, negative, and robust relationship between changes in trade policy and changes in industry wage premiums over time. The results are consistent with liberalization-induced productivity increases at the firm level, which get passed on to industry wages. Since tariff reductions were proportionately larger in sectors that employ a larger share of unskilled workers, the increase in wage premiums in these sectors implies that unskilled workers experienced an increase in their relative incomes. Thus, our findings suggest that trade liberalization has led to decreased wage inequality in India
Beschreibung:	1 Online-Ressource (42 p)
ISBN:	1451860390 9781451860399

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spelling	Mishra, Prachi Verfasser aut Trade Liberalization and Wage Inequality Evidence From India Mishra, Prachi Washington, D.C International Monetary Fund 2005 1 Online-Ressource (42 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 05/20 We evaluate empirically the impact of the dramatic 1991 trade liberalization in India on the industry wage structure. The empirical strategy uses variation in industry wage premiums and trade policy across industries and over time. In contrast to earlier studies on developing countries, we find a strong, negative, and robust relationship between changes in trade policy and changes in industry wage premiums over time. The results are consistent with liberalization-induced productivity increases at the firm level, which get passed on to industry wages. Since tariff reductions were proportionately larger in sectors that employ a larger share of unskilled workers, the increase in wage premiums in these sectors implies that unskilled workers experienced an increase in their relative incomes. Thus, our findings suggest that trade liberalization has led to decreased wage inequality in India Online-Ausg Kumar, Utsav Sonstige oth http://elibrary.imf.org/view/IMF001/07465-9781451860399/07465-9781451860399/07465-9781451860399.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Mishra, Prachi Trade Liberalization and Wage Inequality Evidence From India
title	Trade Liberalization and Wage Inequality Evidence From India
title_auth	Trade Liberalization and Wage Inequality Evidence From India
title_exact_search	Trade Liberalization and Wage Inequality Evidence From India
title_exact_search_txtP	Trade Liberalization and Wage Inequality Evidence From India
title_full	Trade Liberalization and Wage Inequality Evidence From India Mishra, Prachi
title_fullStr	Trade Liberalization and Wage Inequality Evidence From India Mishra, Prachi
title_full_unstemmed	Trade Liberalization and Wage Inequality Evidence From India Mishra, Prachi
title_short	Trade Liberalization and Wage Inequality
title_sort	trade liberalization and wage inequality evidence from india
title_sub	Evidence From India
url	http://elibrary.imf.org/view/IMF001/07465-9781451860399/07465-9781451860399/07465-9781451860399.xml
work_keys_str_mv	AT mishraprachi tradeliberalizationandwageinequalityevidencefromindia AT kumarutsav tradeliberalizationandwageinequalityevidencefromindia

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