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The share of low-income countries in global exports nearly tripled between 1990 and 2015, driven largely by the rapid emergence of China as an exporting powerhouse. While research in economics had long acknowledged that trade with lower-income countries could raise income inequality in Europe...
Persistent link: https://www.econbiz.de/10012745407
which globalization should influence the personal distribution of market and disposable incomes as well as redistribution. I … employ panel data covering 28 OECD countries between 1960 and 2010 to analyze the impact of globalization on a set of labor … industrialized countries. Rather, the globalization-induced rise in income dispersion through greater factor price differences is …
Persistent link: https://www.econbiz.de/10010354569
We use a large sample of German workers to analyze the effect of low-wage competition with China and Eastern Europe (the East) on the wage structure within German manufacturing industries. Utilizing the method by Abowd et al. (1999), we decompose wages into firm and worker components. We find...
Persistent link: https://www.econbiz.de/10011572540
industries) in 25 EU countries over the period from 1995 to 2005. By applying a cross-country and industry-specific approach, it …
Persistent link: https://www.econbiz.de/10008659411
countries affect the domestic demand for high- and low-skilled labour in ‘Old' (EU-15) and five ‘New' EU member states. In … ‘New' EU members is boosted by the increase of the average labour cost in ‘Old' EU members. Thus in low skill intensive … sectors, the high skilled in ‘New' member countries can substitute for employment in EU-15 countries …
Persistent link: https://www.econbiz.de/10013122289
The US labour market has experienced a remarkable polarization in the 1980s and 1990s. Moreover, recent empirical work has documented a sharp increase in the wealth to income ratio in that period. Contemporary to these inequality trends, the US faced a fast technological catch-up as European...
Persistent link: https://www.econbiz.de/10010417976
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...
Persistent link: https://www.econbiz.de/10011403631
The US labour market has experienced a remarkable polarization in the 1980s and 1990s. Moreover, recent empirical work has documented a sharp increase in the wealth to income ratio in that period. Contemporary to these inequality trends, the US faced a fast technological catch-up as European...
Persistent link: https://www.econbiz.de/10013044598
Over the last thirty years, both developed and developing countries have experienced a huge globalization of their … article surveys the key mechanisms of the globalization-inequality relationship. Four strands of literature are reviewed … countries. Third, accounting for firm heterogeneity generates intra-skill group inequality. Fourth, globalization causes changes …
Persistent link: https://www.econbiz.de/10013080827
To analyse the globalization-inequality relationship, we extend the North-South HOS model by assuming (i) that the size … three phases of globalization, corresponding to different production patterns and to specific changes in inequality in the … decreases during the first phase of globalization, and inequality diverges across countries. In the South, very different …
Persistent link: https://www.econbiz.de/10014039846