Rowthorn, Robert; Kozul-Wright, Richard; Akyuz, Yilmaz - In: Oxford Economic Papers 49 (1997) 4, pp. 483-503
This paper develops a general equilibrium model of North-South trade with different wage setting regimes and a nontradeables sector. Simulations confirm that substantial gains from trade openness can be accompanied by a significant deterioration in the position of unskilled Northern workers....