Abstract
We propose a theoretical foundation for a link between North-South trade
imbalances and skill upgrading. We provide robust support for our theory
using a panel of US manufacturing industries observed between 1977 and
2005. Our results suggest that the impact of the US trade deficit on the
relative demand for skills within US industries may dominate that of alternative
forces of change, such as trade liberalization, offshoring and technical
change.
| Lingua originale | English |
|---|---|
| Titolo della pubblicazione ospite | Factory-Free Economy |
| Pagine | - |
| Stato di pubblicazione | Pubblicato - 2016 |
Keywords
- Trade Imbalances
- Wage Inequality