Relative prices and wage inequality: evidence from Mexico

• 成果类型: Article
• 署名作者: Robertson, R
• 署名单位: Macalester College
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/j.jinteco.2003.06.003
• 发表日期: 2004
• 页码: 387-409
• 关键词: trade liberalization; wage inequality; Mexico

摘要

This paper examines the link between relative goods prices and relative wages during two periods of Mexico's trade liberalization. The relative price of skill-intensive goods rose following Mexico's entrance to the General Agreement and Tariffs and Trade (GATT) in 1986, but fell after Mexico entered the North American Free Trade Agreement (NAFTA) in 1994. This paper adds a band pass filter to two established techniques to compare the relationship between prices and wages. Results from all three approaches are consistent with a positive long-run relationship between relative output prices and relative wages. The band pass filter results suggest that the relevant time frame for the relationship begins after 3-5 years. (C) 2003 Elsevier B.V. All rights reserved.