Globalization and Labor Market Outcomes: Applying Schumpeterian Growth Models - Couverture souple

Thieme, Johann F.

 
9783838132549: Globalization and Labor Market Outcomes: Applying Schumpeterian Growth Models
Couverture souple
ISBN 10 : 3838132548 ISBN 13 : 9783838132549
Editeur : Sudwestdeutscher Verlag Fur Hochschulschriften AG, 2012

Synopsis

This dissertation examines the impact of increasing international trade on the skill premium and on welfare of different skill groups. Several growth models of creative destruction (“Schumpeterian” models) are employed. The underlying mechanism is that increasing international trade creates a stronger incentive for firms to engage in skill-intensive innovation, driving the relative wage of skilled workers upwards. This basic mechanism is then enhanced by the possibility of unemployment. Moreover, horizontal foreign direct investment (FDI) is introduced. Finally, a non-tradables (or service) sector is incorporated because unskilled households consume relatively more tradables than skilled households do. In the presence of non-tradables, the increase in (real) wage inequality is smaller than without the additional sector. Computable general equilibrium (CGE) simulations test the models’ empirical relevance for European data.

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À propos de l?auteur

Diplom-Volkswirt (graduate economist): studies of economics at Hamburg, Stockholm and Kiel University. Investment Analyst at JP Beteiligungsgesellschaft GmbH (asset management company), Hamburg.

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Sudwestdeutscher Verlag Fur Hochschulschriften AG
Date d'édition
2012
Langue
anglais
ISBN 10 
3838132548
ISBN 13 
9783838132549
Reliure
Broché
Nombre de pages
156
Coordonnées du fabricant
non disponible
Personne responsable
non disponible