Exports and Wages: Rent Sharing, Workforce Composition, or Returns to Skills?

• 成果类型: Article
• 署名作者: Macis, Mario; Schivardi, Fabiano
• 署名单位: Johns Hopkins University; IZA Institute Labor Economics; National Bureau of Economic Research; Bocconi University; Bocconi University
• 刊物名称: JOURNAL OF LABOR ECONOMICS
• ISSN/ISSBN: 0734-306X
• DOI: 10.1086/686275
• 发表日期: 2016
• 页码: 945-978
• 关键词: trade liberalization; INTERNATIONAL-TRADE; firm heterogeneity; distributions; PRODUCTIVITY; INEQUALITY; QUALITY; IMPACT; rise

摘要

We use linked employer-employee data from Italy to explore the relationship between exports and wages. Exploiting the 1992 devaluation of the lira, we show that exporting firms both pay a wage premium above what their workers would earn in the outside labor market (the rent-sharing effect) and employ workers whose skills command a higher price after the devaluation (the skill composition effect). The latter only emerges once we allow for the value of workers' skills to differ in the pre-and post-devaluation periods. We also document that the export wage premium is larger for workers with more export-related experience.