Economic opening and the demand for skills in developing countries: A review of theory and evidence
A policy reform such as trade liberalisation can accelerate structural change in an economy, causing an exogenous shift in relative factor demands. For some developing countries, the result may be an increase in skills demand associated with the adoption of newly available foreign technology and low...
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| Format: | Electronic Article |
| Language: | English |
| Published: |
Paris
OECD Publishing
2008
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| Subjects: | |
| Online Access: | DE-862 DE-863 |
| Summary: | A policy reform such as trade liberalisation can accelerate structural change in an economy, causing an exogenous shift in relative factor demands. For some developing countries, the result may be an increase in skills demand associated with the adoption of newly available foreign technology and lower-cost imported capital goods. This demand shift may be permanent or only temporary, but in either case the skills supply should eventually increase in response to higher returns. One concern, however, is that with an initially highly skewed distribution of education the skilled labour supply adjustment may be prolonged; likewise any transitional increase in skill-based wage inequality. |
| Physical Description: | 1 Online-Ressource (31 Seiten) |
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| spelling | O'Connor, David VerfasserIn aut Economic opening and the demand for skills in developing countries A review of theory and evidence David, O'Connor and Mariarosa, Lunati Paris OECD Publishing 2008 1 Online-Ressource (31 Seiten) Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier A policy reform such as trade liberalisation can accelerate structural change in an economy, causing an exogenous shift in relative factor demands. For some developing countries, the result may be an increase in skills demand associated with the adoption of newly available foreign technology and lower-cost imported capital goods. This demand shift may be permanent or only temporary, but in either case the skills supply should eventually increase in response to higher returns. One concern, however, is that with an initially highly skewed distribution of education the skilled labour supply adjustment may be prolonged; likewise any transitional increase in skill-based wage inequality. Economics Lunati, Mariarosa MitwirkendeR ctb Enthalten in OECD Journal: General Papers Vol. 2008, no. 1, p. 1-31 volume:2008 year:2008 number:1 pages:1-31 |
| spellingShingle | O'Connor, David Economic opening and the demand for skills in developing countries A review of theory and evidence Economics |
| title | Economic opening and the demand for skills in developing countries A review of theory and evidence |
| title_auth | Economic opening and the demand for skills in developing countries A review of theory and evidence |
| title_exact_search | Economic opening and the demand for skills in developing countries A review of theory and evidence |
| title_full | Economic opening and the demand for skills in developing countries A review of theory and evidence David, O'Connor and Mariarosa, Lunati |
| title_fullStr | Economic opening and the demand for skills in developing countries A review of theory and evidence David, O'Connor and Mariarosa, Lunati |
| title_full_unstemmed | Economic opening and the demand for skills in developing countries A review of theory and evidence David, O'Connor and Mariarosa, Lunati |
| title_short | Economic opening and the demand for skills in developing countries |
| title_sort | economic opening and the demand for skills in developing countries a review of theory and evidence |
| title_sub | A review of theory and evidence |
| topic | Economics |
| topic_facet | Economics |
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