The Impact of Tradeon Wages: What If Countries Are Not Small?
This paper explores the effect of trade on the relative wage of less-skilled labor through its effect on world prices, which are typically exogenously given under the small open economy assumption. Using the 1995 international input-output data for APEC member countries, we numerically simulate a ge...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2006
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Schriftenreihe: | IMF Working Papers
Working Paper No. 06/155 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This paper explores the effect of trade on the relative wage of less-skilled labor through its effect on world prices, which are typically exogenously given under the small open economy assumption. Using the 1995 international input-output data for APEC member countries, we numerically simulate a general equilibrium model to study the effects of abolishing existing tariffs under the assumption that each member country is large enough to affect the prices of goods and services produced in the region. We find that the responsiveness of prices plays an important role in easing a possible adverse effect of trade on relative wages |
Beschreibung: | 1 Online-Ressource (40 p) |
ISBN: | 1451864159 9781451864151 |
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spelling | Tokutsu, Ichiro Verfasser aut The Impact of Tradeon Wages What If Countries Are Not Small? Tokutsu, Ichiro Washington, D.C International Monetary Fund 2006 1 Online-Ressource (40 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 06/155 This paper explores the effect of trade on the relative wage of less-skilled labor through its effect on world prices, which are typically exogenously given under the small open economy assumption. Using the 1995 international input-output data for APEC member countries, we numerically simulate a general equilibrium model to study the effects of abolishing existing tariffs under the assumption that each member country is large enough to affect the prices of goods and services produced in the region. We find that the responsiveness of prices plays an important role in easing a possible adverse effect of trade on relative wages Online-Ausg Saito, Mika Sonstige oth http://elibrary.imf.org/view/IMF001/07081-9781451864151/07081-9781451864151/07081-9781451864151.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Tokutsu, Ichiro The Impact of Tradeon Wages What If Countries Are Not Small? |
title | The Impact of Tradeon Wages What If Countries Are Not Small? |
title_auth | The Impact of Tradeon Wages What If Countries Are Not Small? |
title_exact_search | The Impact of Tradeon Wages What If Countries Are Not Small? |
title_exact_search_txtP | The Impact of Tradeon Wages What If Countries Are Not Small? |
title_full | The Impact of Tradeon Wages What If Countries Are Not Small? Tokutsu, Ichiro |
title_fullStr | The Impact of Tradeon Wages What If Countries Are Not Small? Tokutsu, Ichiro |
title_full_unstemmed | The Impact of Tradeon Wages What If Countries Are Not Small? Tokutsu, Ichiro |
title_short | The Impact of Tradeon Wages |
title_sort | the impact of tradeon wages what if countries are not small |
title_sub | What If Countries Are Not Small? |
url | http://elibrary.imf.org/view/IMF001/07081-9781451864151/07081-9781451864151/07081-9781451864151.xml |
work_keys_str_mv | AT tokutsuichiro theimpactoftradeonwageswhatifcountriesarenotsmall AT saitomika theimpactoftradeonwageswhatifcountriesarenotsmall |