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Record Nr. |
UNINA9911149390703321 |
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Autore |
Tokutsu Ichiro |
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Titolo |
The Impact of Tradeon Wages : : What If Countries Are Not Small? / / Ichiro Tokutsu, Mika Saito |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2006 |
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ISBN |
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9786613826480 |
9781462327607 |
1462327605 |
9781452706757 |
1452706751 |
9781283514033 |
1283514036 |
9781451982992 |
1451982992 |
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Edizione |
[1st ed.] |
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Descrizione fisica |
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1 online resource (40 p.) |
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Collana |
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Altri autori (Persone) |
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Soggetti |
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Equilibrium (Economics) - Econometric models |
International trade - Econometric models |
Prices - Econometric models |
Wages - Econometric models |
Empirical Studies of Trade |
Existence and Stability Conditions of Equilibrium |
Exports and Imports |
Imports |
Income economics |
International economics |
International Trade Organizations |
International trade |
Labor market |
Labor |
Labour |
Neoclassical Models of Trade |
Occupational Licensing |
Professional Labor Markets |
Public finance & taxation |
Skilled labor |
Tariff |
Tariffs |
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Taxation |
Taxes |
Trade and Labor Market Interactions |
Trade Policy |
Trade: General |
Wage Differentials |
Wage gap |
Wage Level and Structure |
Wages |
Wages, Compensation, and Labor Costs: General |
income economics |
United States |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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""Contents""; ""I. Introduction""; ""II. Literature Review""; ""III. The Model""; ""IV. Data""; ""V. Empirical Findings""; ""VI. Concluding Remarks""; ""APPENDIXES""; ""References"" |
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Sommario/riassunto |
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This paper explores the effect of trade on the relative wage of less-skilled labor through its effect on world prices, which are typically exogenously given under the small open economy assumption. Using the 1995 international input-output data for APEC member countries, we numerically simulate a general equilibrium model to study the effects of abolishing existing tariffs under the assumption that each member country is large enough to affect the prices of goods and services produced in the region. We find that the responsiveness of prices plays an important role in easing a possible adverse effect of trade on relative wages. |
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