ISBN: 3790800317
TITLE: International Trade, Wage Inequality and the Developing Economy
AUTHOR: Marjit, Acharyya
TOC:

Preface VII
Chapter 1: Introduction 1
I EVIDENCE AND THE DEBATE 7
Chapter 2: Wages and Employment 9
2.1 Country Experiences 9
2.2 The Wage-Gap Debate: Trade or Technology? 17
2.3 Issues: What Do We Need to Address? 30
II EXPLAINING SYMMETRIC WAGE-GAP
Chapter 3: The Standard Trade Theory: How Far Does It Go? 37
3.1 Introduction 37
3.2 Trade and Income Distribution in the HOS Model 37
3.3 Specific-Factor Model of Trade and Income Distribution 45
3.4 Conclusion 49
Appendix 50
Chapter 4: Trade Liberalization and Symmetric Wage-Gap 53
4.1 Two Cases 53
4.2 Generalized HOS Model, Trade Pattern and the Wage-Gap 53
4.3 Local Factor Abundance and Asymmetric Changes in Wages in the South 58
4.4 Rigid-Wage Specific-Factor Model 59
4.5 Conclusion 60
Chapter 5: Input Trade: An Alternative Explanation 61
5.1 Introduction 61
5.2 Trade in Intermediate Products 62
5.3 Factor Mobility: How Far Does It Explain? 65
5.4 Conclusion 68
III TRADE, CAPITAL FLOW AND EMPLOYMENT
Chapter 6: Liberalization and Employment in the Organized Sector 71
6.1 Introduction 71
6.2 The Existing Literature 71
6.3 Tariff, Foreign Investment and Employment in a Dual Economy 73
6.4 General Equilibrium Analyses of Unemployment 81
6.5 Employment and Welfare 90
6.6 Conclusion 91
IV TRADE LIBERALIZATION, WAGE INEQUALITY AND EMPLOYMENT IN THE SOUTH
Chapter 7: Diverse Trade Pattern, Complementarity and Fragmentation 95
7.1 Diverse Trade Pattern of Southern Countries 95
7.2 Complementarity and the Wage-Gap 98
7.3 Liberalization and Employment 104
7.4 Fragmentation and the Wage-Gap 106
7.5 Terms of Trade, Fragmentation and Wage Inequality 108
7.6 Conclusion 109
Appendix 110
Chapter 8: Segmented input Markets and Non-Traded Good 113
8.1 Segmented Labour Markets in the South 113
8.2 Informal Capital Market and Restricted Capital Mobility 116
8.3 Role of the Non-Traded Good 117
8.4 Conclusion 128
Appendix 129
Chapter 9: Trade, Skill Formation and the Wage-Gap 131
9.1 Introduction 131
9.2 Skill Differentiation, Underemployment and Wage Inequality 133
9.3 Skill Formation and Wage Inequality 141
9.4 Conclusion 150
Chapter 10: Conclusion 153
List of Figures 157
List of Tables 159
Bibliography 161
Index 173
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