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Trade liberalisation and wages in developing countries
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UNSPECIFIED (2004) Trade liberalisation and wages in developing countries. ECONOMIC JOURNAL, 114 (493). F73-F96.
Research output not available from this repository, contact author.Abstract
This paper reviews the effects of trade liberalisation on wages in developing countries, and presents new evidence for Brazil. Wages fell substantially in the traded sector after trade liberalisation, consistent with there being reduced rents as industries faced greater competition. After trade liberalisation there was an increase in the marginal returns to college education. Within the traded sector, the impact of increasing openness on wages was insignificant for those in the top two education groups but negative for lower level education groups. These findings are consistent with the hypothesis that imported technology raised the relative demand for highly skilled labour.
| Item Type: | Journal Article | ||||
|---|---|---|---|---|---|
| Subjects: | H Social Sciences > HC Economic History and Conditions | ||||
| Journal or Publication Title: | ECONOMIC JOURNAL | ||||
| Publisher: | BLACKWELL PUBL LTD | ||||
| ISSN: | 0013-0133 | ||||
| Official Date: | February 2004 | ||||
| Dates: |
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| Volume: | 114 | ||||
| Number: | 493 | ||||
| Number of Pages: | 24 | ||||
| Page Range: | F73-F96 | ||||
| Publication Status: | Published |
Data sourced from Thomson Reuters' Web of Knowledge
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