International Trade, Wage Inequality and the Developing Economy: A General Equilibrium Approach / Edition 1

International Trade, Wage Inequality and the Developing Economy: A General Equilibrium Approach / Edition 1

by Sugata Marjit, Rajat Acharyya
     
 

ISBN-10: 3790800317

ISBN-13: 9783790800319

Pub. Date: 07/29/2003

Publisher: Physica-Verlag HD

This book deals with the impact that international trade is likely to have on the skilled-unskilled wage gap in a typical developing economy. This is the first theoretical monograph on this particular issue which has already generated substantial debate and voluminous work for the developed countries. A unique feature of this work is that it tries to explain the

Overview

This book deals with the impact that international trade is likely to have on the skilled-unskilled wage gap in a typical developing economy. This is the first theoretical monograph on this particular issue which has already generated substantial debate and voluminous work for the developed countries. A unique feature of this work is that it tries to explain the possibility of rising inequality across trading nations and looks at the segmented labour markets of the poor economies. It makes convincing arguments that the standard general equilibrium models, the main workhorse of trade theory, can be given a creative facelift to address a number of critical and emerging issues in the area of trade and development.

Product Details

ISBN-13:
9783790800319
Publisher:
Physica-Verlag HD
Publication date:
07/29/2003
Series:
Contributions to Economics Series
Edition description:
Softcover reprint of the original 1st ed. 2003
Pages:
176
Product dimensions:
6.10(w) x 9.25(h) x 0.36(d)

Table of Contents

Introduction.- Part I: Evidence and the Debate: Wages and Employment.- Part II: Explaining Symmetric Wage-Gap: The Standard Trade Theory: How Far Does It Go?; Trade Liberalization and Symmetric Wage-Gap; Input Trade: An Alternative Explanation.- Part III: Trade, Capital Flow and Employment: Liberalization and Employment in the Organized Sector.- Part IV: Trade Liberalization, Wage Inequality and Employment in the South: Diverse Trade Pattern, Complementarity and Fragmentation; Segmented Input Markets and Non-Traded Good; Trade, Skill Formation and the Wage-Gap.- Conclusion.

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