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increasing import penetration, China's entry into the WTO, and growing US multinational employment abroad. We find significant … effects of globalization, with offshoring to low wage countries and imports both associated with wage declines for US workers … offshoring to China has also contributed to wage declines among US workers. However, the role of trade is quantitatively much …
Persistent link: https://www.econbiz.de/10013026297
In this paper, we examine the increase in the relative wages of skilled workers in Mexico during the 1980s. We argue that rising wage inequality in Mexico is linked to capital inflows from abroad. The effect of these capital inflows, which correspond to an increase in outsourcing by...
Persistent link: https://www.econbiz.de/10013221077
We develop an empirical framework to assess the importance of trade and technical change on the wages of production and nonproduction workers. Trade is measured by the foreign outsourcing of intermediate inputs, while technical change is measured by the shift towards high-technology capital such...
Persistent link: https://www.econbiz.de/10013219298
This paper explores the relationship between wages and foreign investment in Mexico, Venezuela, and the United States. Despite very different economic conditions and levels of development, we find one fact which is robust across all three countries: higher levels of foreign investment are...
Persistent link: https://www.econbiz.de/10013295265