Show simple item record Neary, J. Peter 2009-07-22T16:10:29Z 2009-07-22T16:10:29Z 2001-06-05
dc.identifier.other 200020 en
dc.description.abstract I briefly review the empirical evidence in the trade and wages debate, which overwhelmingly rejects the Heckscher-Ohlin explanation for recent increases in OECD skill premia. I then argue that the same evidence is also difficult to reconcile in general equilibrium with the view that exogenous skill-biased technological progress is the sole culprit. Finally, I present a model of oligopolistic competition which is more consistent with the evidence. Removing quantitative import constraints (a metaphor for increased foreign competition) encourages both home and foreign firms to invest more aggressively, raising their demand for skilled labour even at unchanged relative wages. en
dc.description.sponsorship The Economic and Social Research Council (ESRC) en
dc.format.extent 165083 bytes
dc.format.mimetype application/pdf
dc.language.iso en en
dc.publisher University College Dublin. School of Economics en
dc.relation.ispartofseries UCD Centre for Economic Research Working Paper Series en
dc.relation.ispartofseries WP00/20 en
dc.subject OECD wage inequality en
dc.subject Oligopolistic competition en
dc.subject Skill-biased technological progress en
dc.subject Skill premia en
dc.subject Trade and wages en
dc.subject.classification F16 en
dc.subject.classification J31 en
dc.subject.classification F12 en
dc.subject.lcsh Wage differentials--OECD countries en
dc.subject.lcsh Competition, Imperfect en
dc.subject.lcsh Labor--OECD countries en
dc.subject.lcsh International trade en
dc.title Competition, trade and wages en
dc.type Working Paper en
dc.internal.authorid UCD0042 en
dc.internal.availability Full text available en
dc.internal.webversions en
dc.status Not peer reviewed en
dc.neeo.contributor Neary|J. Peter|aut|UCD0042 en

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