Trade and the distribution of human capital

• 成果类型: Article
• 署名作者: Bougheas, Spiros; Riezman, Raymond
• 署名单位: University of Iowa; University of Nottingham
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/j.jinteco.2007.03.002
• 发表日期: 2007
• 页码: 421-433
• 关键词: patterns of trade; Income distribution; welfare; political economy

摘要

We develop a two-country, two-sector model of trade where the only difference between the two countries is their distribution of human capital endowments. We show that even if the two countries have identical aggregate human capital endowments the pattern of trade depends on the properties of the two human capital distributions. We also show that the two distributions of endowments also completely determine the effects of trade on income inequality. We also look at a simple majority voting model. It turns out autarky and free trade with and without compensation may be the voting outcome. (C) 2007 Elsevier B.V. All rights reserved.