Sector-specific factors and the trade and wages debate

I outline the potential implications of sectoral factor immobility for the debate on the effects of low-wage competition on wage inequality in advanced countries. In theory, the presence of sector-specific factors serves to damp the magnification effect of World traded prices upon relative wages, by...

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Bibliographic Details
Main Author: Huw Edwards
Format: Default Preprint
Published: 2008
Subjects:
Other economics not elsewhere classified
Trade
Inequality
Globalisation
Factor immobility
Economics not elsewhere classified
Online Access:https://hdl.handle.net/2134/4202
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