GTAP Resources: Resource Display
| GTAP Resource #1172 |
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"The Differential Impact of the South on Wage Inequality in the North" by Lejour, Arjan and Paul Tang Abstract This paper explores the potential future impact of globalisation on relative wages, using WorldScan. The focus is on wage inequality in Japan, Western Europe and the United States. Inequality rises for several reasons: barriers to trade fall, and in developing countries demand patterns change and at the same time workers shift from traditional low-productivity toward modern high-productivity activities. Even though inequality does not rise dramatically, one should not ignore the characteristics of the growth process in developing countries: trade liberalisation is not only reason behind growing inequality. Another interesting result is the different impact on industrialized countries. Simulations show that the United States is least sensitive to falling trade barriers and changes in developing countries. The impact on Japan and Western Europe is larger. |
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- Economic growth - Labor market issues - Asia (East) - Europe (Western) - North America |
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Public Access  GTAP Resource 1172 (222.1 KB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 2:05:45 PM
