Skill acquisition and the dynamics of trade-induced inequality

• 成果类型: Article
• 署名作者: Danziger, Eliav
• 署名单位: Simon Fraser University
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/j.jinteco.2017.03.006
• 发表日期: 2017
• 页码: 60-74
• 关键词: trade liberalization; wage inequality; Skill premium; education

摘要

I develop and calibrate a dynamic general-equilibrium trade model with endogenous skill demand and supply. Simulations show that removing US trade barriers would lead to aggregate gains in the United States of 4.5%. Individual workers' gains, however, depend on their education, age and birth cohort. The biggest winners, the oldest educated workers alive during trade liberalization, gain 6.7%, while their uneducated peers gain the least, only 1.2%. A major finding is that ignoring either the endogeneity of the skill supply or the post-liberalization dynamics, as the existing literature does, leads to a substantial bias in the quantitative assessment of trade liberalization. (C) 2017 Elsevier B.V. All rights reserved.