Trade, global value chains and wage-income inequality:
The rise in global value chain (GVC) participation has coincided with significant changes in the distribution of wage income both within and across countries. This paper sets out to identify the linkages between these phenomena. It shows that GVC participation has a small effect on the distribution...
Gespeichert in:
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Weitere Verfasser: | , |
Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2015
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Schriftenreihe: | OECD Trade Policy Papers
no.182 |
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | The rise in global value chain (GVC) participation has coincided with significant changes in the distribution of wage income both within and across countries. This paper sets out to identify the linkages between these phenomena. It shows that GVC participation has a small effect on the distribution of wages and, when it has, it can reduce wage inequality when it concerns participation related to low-skilled segments of the labour force. This suggests that the potential tensions between equity and aggregate economic outcomes of GVC participation hold only in particular cases, namely when participation relates to high-skilled segments of the labour force. For policy-makers seeking to maximise the benefits of GVC participation, questions of a more equitable distribution of returns to workers might focus on skill-upgrading of low-skilled labour by promoting further tertiary education and development of skills. |
Beschreibung: | 1 Online-Ressource (61 p.) 21 x 29.7cm. |
DOI: | 10.1787/5js009mzrqd4-en |
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spelling | Lopez Gonzalez, Javier VerfasserIn aut Trade, global value chains and wage-income inequality Javier, Lopez Gonzalez, Przemyslaw, Kowalski and Pascal, Achard Paris OECD Publishing 2015 1 Online-Ressource (61 p.) 21 x 29.7cm. Text txt rdacontent Computermedien c rdamedia Online-Ressource cr rdacarrier OECD Trade Policy Papers no.182 The rise in global value chain (GVC) participation has coincided with significant changes in the distribution of wage income both within and across countries. This paper sets out to identify the linkages between these phenomena. It shows that GVC participation has a small effect on the distribution of wages and, when it has, it can reduce wage inequality when it concerns participation related to low-skilled segments of the labour force. This suggests that the potential tensions between equity and aggregate economic outcomes of GVC participation hold only in particular cases, namely when participation relates to high-skilled segments of the labour force. For policy-makers seeking to maximise the benefits of GVC participation, questions of a more equitable distribution of returns to workers might focus on skill-upgrading of low-skilled labour by promoting further tertiary education and development of skills. Trade Kowalski, Przemyslaw MitwirkendeR ctb Achard, Pascal MitwirkendeR ctb FWS01 ZDB-13-SOC FWS_PDA_SOC https://doi.org/10.1787/5js009mzrqd4-en Volltext |
spellingShingle | Lopez Gonzalez, Javier Trade, global value chains and wage-income inequality Trade |
title | Trade, global value chains and wage-income inequality |
title_auth | Trade, global value chains and wage-income inequality |
title_exact_search | Trade, global value chains and wage-income inequality |
title_full | Trade, global value chains and wage-income inequality Javier, Lopez Gonzalez, Przemyslaw, Kowalski and Pascal, Achard |
title_fullStr | Trade, global value chains and wage-income inequality Javier, Lopez Gonzalez, Przemyslaw, Kowalski and Pascal, Achard |
title_full_unstemmed | Trade, global value chains and wage-income inequality Javier, Lopez Gonzalez, Przemyslaw, Kowalski and Pascal, Achard |
title_short | Trade, global value chains and wage-income inequality |
title_sort | trade global value chains and wage income inequality |
topic | Trade |
topic_facet | Trade |
url | https://doi.org/10.1787/5js009mzrqd4-en |
work_keys_str_mv | AT lopezgonzalezjavier tradeglobalvaluechainsandwageincomeinequality AT kowalskiprzemyslaw tradeglobalvaluechainsandwageincomeinequality AT achardpascal tradeglobalvaluechainsandwageincomeinequality |