Globalization and firm level adjustment with imperfect labor markets

• 成果类型: Article
• 署名作者: Davidson, Carl; Matusz, Steven J.; Shevchenko, Andrei
• 署名单位: Michigan State University; University of Nottingham
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/j.jinteco.2008.02.004
• 发表日期: 2008
• 页码: 295-309
• 关键词: search; Heterogeneity; GLOBALIZATION; imperfect persistence

摘要

in a model with search generated unemployment and heterogeneity on both sides of the labor market, exporting firms are bigger and pay higher wages than other firms. Moreover, there is imperfect persistence in the decision to export and liberalization increases the wage gap between high- and low-skill workers. Openness can increase aggregate productivity in export-oriented markets while generating within-firm productivity losses for the weakest firms. In contrast, openness can lead to within-firm productivity gains for the weakest firms in import-competing industries. (C) 2008 Elsevier B.V. All rights reserved.