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This paper examines the joint impact of international trade and technical change on U.K. wages across different skill groups. International trade is measured as changes in product prices and technical change as total factor productivity (TFP) growth. We take account of a multi-sector and...
Persistent link: https://www.econbiz.de/10009529598
We examine the empirical evidence bearing on whether UK trade is governed by a Classical model or by a Gravity model, using annual data from 1965 to 2015 and the method of Indirect Inference which has very large power in this application. The Gravity model here differs from the Classical model...
Persistent link: https://www.econbiz.de/10011758969
Services trade has become increasingly important, yet its impact on employment has been understudied at present. This paper uses fine-grained data on firm- and worker-level information to shed light on the impact of services trade on employment and wages in the United Kingdom. It finds that...
Persistent link: https://www.econbiz.de/10012432842
This paper examines the joint impact of international trade and technical change on U.K. wages across different skill groups. International trade is measured as changes in product prices and technical change as total factor productivity (TFP) growth. We take account of a multi-sector and...
Persistent link: https://www.econbiz.de/10010323821
"This paper examines the joint impact of international trade and technical change on U.K. wages across different skill groups. International trade is measured as changes in product prices and technical change as total factor productivity (TFP) growth. We take account of a multi-sector and...
Persistent link: https://www.econbiz.de/10010641646
This study adopts a GNP function approach in order to examine the impact of migrant labour on domestic factors of production in the United Kingdom. We also examine the relationship between imports and migrants, which are two different facets of globalisation. We find that an increase in the...
Persistent link: https://www.econbiz.de/10014063432
"This paper examines the joint impact of international trade and technical change on U.K. wages across different skill groups. International trade is measured as changes in product prices and technical change as total factor productivity (TFP) growth. We take account of a multi-sector and...
Persistent link: https://www.econbiz.de/10010592423
tariff-related barriers are activated. The dominant outbound leg to the UK shows more variety in the trade basket, but it …
Persistent link: https://www.econbiz.de/10012172762
Inclusivity is perhaps the single most important human need to facilitate and demonstrate fairness for all members in an open and free society. When this principle need is compromised by appearances of unscrupulous self-interested privileged elites to perpetuate a systemic widening disparity...
Persistent link: https://www.econbiz.de/10014175063
The US is likely to be at ‘the front of the queue’ for a new trade deal with the UK after Brexit. This would require the UK to escape the constraints of the EU’s Customs Union and also be free to diverge from EU regulations. But if these two conditions are not met, many would question...
Persistent link: https://www.econbiz.de/10013224802