Trade liberalization and the skill premium in developing economies

• 成果类型: Article
• 署名作者: Ripoll, M
• 署名单位: Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
• 刊物名称: JOURNAL OF MONETARY ECONOMICS
• ISSN/ISSBN: 0304-3932
• DOI: 10.1016/j.jmoneco.2004.04.012
• 发表日期: 2005
• 页码: 601-619
• 关键词: trace liberalization; dynamic models of trade; Skill premium; developing economies; factor endowments

摘要

Empirical evidence shows that while the skill premium narrowed in some developing countries following trade liberalization, it widened in others, or even exhibited non-monotonic behavior. This paper studies a simple dynamic general equilibrium trade model in which differences in initial conditions across developing countries play a key role in explaining the variety of skill premium behaviors. Differences in initial conditions in terms of skilled labor and physical capital emerge in the model due to differences in trade policies. The model call generate non-monotonic behavior for the skill premium following trade liberalization. (c) 2005 Elsevier B.V. All rights reserved.