International Trade, Technology, and the Skill Premium

• 成果类型: Article
• 署名作者: Burstein, Ariel; Vogel, Jonathan
• 署名单位: University of California System; University of California Los Angeles; National Bureau of Economic Research
• 刊物名称: JOURNAL OF POLITICAL ECONOMY
• ISSN/ISSBN: 0022-3808
• DOI: 10.1086/693373
• 发表日期: 2017
• 页码: 1356-1412
• 关键词: Heterogeneous firms; UNITED-STATES; LIBERALIZATION; GLOBALIZATION; wages; MODEL; LABOR; PRODUCTIVITY; COMPETITION; INEQUALITY

摘要

What are the consequences of international trade on the skill premium? We incorporate skill-intensity differences across firms and sectors into a standard model of international trade. Reductions in trade costs reallocate factors toward a country's comparative advantage sectors, increasing the skill premium in countries with a comparative advantage in skill-intensive sectors and decreasing it elsewhere. Reductions in trade costs also reallocate factors toward more productive and skill-intensive firms within sectors and toward skill-intensive sectors in all countries, increasing the skill premium in all countries. Quantitatively, we find that trade liberalization increases the skill premium in almost all countries.