Call Us 080-41656200 (Mon-Sat: 10AM-8PM)
Free Shipping above Rs. 1499
Cash On Delivery*

Globalization and Labor Market Outcomes


Marketed By :  Südwestdeutscher Verlag für Hochschulschriften   Sold By :  Kamal Books International  
Delivery in :  10-12 Business Days


Check Your Delivery Options

  • Product Description
This dissertation examines the impact of increasing international trade on the skill premium and on welfare of different skill groups. Several growth models of creative destruction (“Schumpeterian” models) are employed. The underlying mechanism is that increasing international trade creates a stronger incentive for firms to engage in skill-intensive innovation, driving the relative wage of skilled workers upwards. This basic mechanism is then enhanced by the possibility of unemployment. Moreover, horizontal foreign direct investment (FDI) is introduced. Finally, a non-tradables (or service) sector is incorporated because unskilled households consume relatively more tradables than skilled households do. In the presence of non-tradables, the increase in (real) wage inequality is smaller than without the additional sector. Computable general equilibrium (CGE) simulations test the models’ empirical relevance for European data.
Product Specifications
SKU :COC10746
AuthorJohann F. Thieme
Number of Pages156
Publishing Year2012-03-04T00:00:00.000
Edition1 st
Book TypeEconomic systems & structures
Country of ManufactureIndia
Product BrandSüdwestdeutscher Verlag für Hochschulschriften
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-24 00:00:00