Intraindustry Trade, High-Wage Jobs and the Wage Gap
Drawing on the empirical fact that the high-wage primary sector is characterized by monopolistic competition, the paper shows, using a dual labor market model, that intraindustry trade results in an expansion of high-wage-premium jobs along with a decline in the wage gap.
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
1999
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soe_research/167 |
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| Institution: | Singapore Management University |
| Language: | English |
| Summary: | Drawing on the empirical fact that the high-wage primary sector is characterized by monopolistic competition, the paper shows, using a dual labor market model, that intraindustry trade results in an expansion of high-wage-premium jobs along with a decline in the wage gap. |
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