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| Author: | Cuyvers, L. Dumont, M. Rayp, G. |
| Title: | Impact of international trade with Asian newly industrialized countries on wages in the European Union |
| Journal: | Asian Economic Journal
2003 : DEC, VOL. 17:4, p. 361-382 |
| Index terms: | Developed economies European Union International trade Asia |
| Language: | eng |
| Abstract: | This article deals with the effect of international trade with newly industrialized countries (NICs) on wage inequality in the EU. A two-staged mandated wage-estimation procedure is applied to assess the respective impact of trade and technology on the relative wages of low-skilled workers. Weak evidence of a positive impact on the wages of high-skilled workers with regards to trade with high-wage South-East Asian NICs is found but no evidence for other groups of NICs. |
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