Bernard, Andrew B.; Redding, Stephen; Schott, Peter K.; … - London School of Economics (LSE) - 2004
Relative wages vary considerably across regions of the United Kingdom, with skill-abundant regions exhibiting lower … variation in relative wages. U.K. regions with low skill premia produce different sets of manufacturing industries than regions … with high skill premia. Relative wages are also linked to subsequent economic development: over time, increases in the …