The Skill Bias of the US Trade Deficit

Rosario Crino', P. Epifani

Risultato della ricerca: Contributo in libroChapter

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 originaleEnglish
Titolo della pubblicazione ospiteFactory-Free Economy
Pagine-
Stato di pubblicazionePubblicato - 2016

Keywords

  • Trade Imbalances
  • Wage Inequality

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