haku: @author Wood, A. / yhteensä: 8
viite: 5 / 8
| Tekijä: | Wood, A. |
| Otsikko: | Globalization and wage inequalities: A synthesis of three theories |
| Lehti: | Weltwirtschaftliches Archiv
2002 : VOL. 138:1, p. 54-82 |
| Asiasana: | GLOBALIZATION PAY INEQUALITY THEORIES ANALYTICAL REVIEW |
| Kieli: | eng |
| Tiivistelmä: | The argument of this paper is that the varied effects of globalization - defined as reduction of the costs of all sorts of international transactions - on wage inequalities within developed and developing countries can be explained by combining three theoretical insights. (Tang and Wood, Feenstra and Hanson, Heckscher and Ohlin). These three insights, though seemingly unrelated and in some ways conflicting, turn out to be compatible and complementary. With some minor modifications to the models in which they were formulated, they can be fitted together into a single, synthetic theory. The author provides a substantial list of references on this subject. |
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