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European trade with lower-income countries and the relative wages of the unskilled: an exploratory analysis for West Germany and the UK

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dc.creator Lücke, Matthias
dc.date 1997
dc.date.accessioned 2013-10-16T06:20:07Z
dc.date.available 2013-10-16T06:20:07Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/964
dc.identifier ppn:231026714
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/964
dc.description This paper develops a Heckscher-Ohlin-type framework in which relative factor prices are affected by output prices as well as by total factor productivity growth. The empirical analysis finds no evidence that the relative prices of unskilled-labour- intensive manufactures, adjusted for total factor productivity growth, declined after 1970 to depress the wages or employment opportunities (in the presence of an inflexible wage structure) of unskilled labour. Similarly, neither in West Germany nor in the UK did changes in the commodity composition of foreign trade reflect a sustained rise in the stock of unskilled labour in the rest of the world (which they should if labour markets were strongly affected by growing developing country exports).
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kiel Working Papers 819
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject F14
dc.subject J31
dc.subject ddc:330
dc.subject Außenwirtschaft
dc.subject Außenwirtschaftstheorie
dc.subject Lohn
dc.subject Ungelernte Arbeitskräfte
dc.subject Faktorpreis
dc.subject Deutschland
dc.subject Großbritannien
dc.subject Entwicklungsländer
dc.title European trade with lower-income countries and the relative wages of the unskilled: an exploratory analysis for West Germany and the UK
dc.type doc-type:workingPaper


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