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decompose wages into firm and worker components. We find that the rise of market access and competitiveness of the East has a … explain changes in the firm wage premium. The rising dispersion in worker-specific wages can be attributed to increasing skill …-specific wages. Overall, trade explains up to 19% of the recent increase in wage inequality and slightly exceeds the technology …
Persistent link: https://www.econbiz.de/10011572540
I analyze the impact of a low-wage trade shock on manufacturing workers in a high-wage country, Denmark, and how they adjust to the shock over a decade across all potential adjustment margins, in the labor market and outside. My research illustrates the importance of industry-specific human...
Persistent link: https://www.econbiz.de/10011569615
The concept of globalization refers to the growing interdependence of countries, resulting from the increasing … process are the international trade and the cross-border investment flows. Economic globalization has increased the … specialization of workers, while the companies compete in global markets. Even globalization has recently become a common topic in …
Persistent link: https://www.econbiz.de/10011992014
, effectively ignoring the fact that during globalization not only wages but also employment patterns are affected. In this paper we …. These studies have typically estimated the returns to education in terms of changes in wages rather than employment … use four large-scale representative household surveys from the transition economy Vietnam for the period 1998–2006 to …
Persistent link: https://www.econbiz.de/10010682519
The paper aims to examine how trade liberalization affects wage premium at the firm level. Using effective protection rate as trade proxy, the paper assumes that in the face of increasing competition, an import-substituting firm may decide to remain at the low value-added stage of the production...
Persistent link: https://www.econbiz.de/10009771688
This study analyzes the effect of trade liberalization on wage inequality through industry wage premiums in Indonesia's manufacturing sector between 2000 and 2015, a period marked by low import tariffs. The study was undertaken by adopting a two-stage estimation approach. Using the national...
Persistent link: https://www.econbiz.de/10013179701
This paper examines the impact of trade liberalization on firms' product and labor market power. We estimate the prevalence and intensity of firm-level price-cost markups and either wage markups or wage markdowns. We take the dependence between these model-consistent measures of product and...
Persistent link: https://www.econbiz.de/10012169328
employment and wages in the United Kingdom. It finds that firms can benefit from services trade, through increased employment …, production and productivity. On average, workers’ wages are also positively impacted by increased services trade. The findings … suggest that services imports enhance female wages more than those of males, thereby contributing to narrow the gender wage …
Persistent link: https://www.econbiz.de/10012432842
We analyse the gender-specific effects of trade liberalization on work participation and hours of work and primary participation in domestic duties in Indonesia. We show that female work participation increased in relative terms in regions that were more exposed to input tariff reductions,...
Persistent link: https://www.econbiz.de/10011612982
links on wages between workers from Western, Central–Eastern, and Southern Europe employed in manufacturing and non … pressure on wages in Europe. This effect mainly concerns workers from Western Europe employed in manufacturing and is driven by …, but the pressure of GVC imports on wages in Western Europe is not economically negligible, in particular when inputs are …
Persistent link: https://www.econbiz.de/10011920899