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Increasing dispersion of skills and rising earnings inequality (2011)_香港中文大学

香港中文大学 辅仁网/2017-07-06

Increasing dispersion of skills and rising earnings inequality
Publication in refereed journal


香港中文大学研究人员 ( 现职)
廖柏伟教授 (经济学系)


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引用次数
Web of Sciencehttp://aims.cuhk.edu.hk/converis/portal/Publication/8WOS source URL

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摘要In recent decades many countries have simultaneously liberalized then trading regimes and expanded their education systems. The theoretical effect of these regime shifts on the wage differential between skilled and unskilled workers is ambiguous. On the one hand, openness to trade causes demand shifts in the labor market which may widen or narrow the differential. This result depends on whether the unskilled wage is depressed. as in the case of importing countries, or raised, as in the case of exporting countries. On the other hand, an increased supply of more educated workers reduces their wages and narrows the skill wage gap. In this study of the labor market of Hong Kong, we document that recent changes in response to the trade liberalization of Mainland China and expanded access to education have increased the earnings differential between skilled and unskilled workers. Using detailed census data, we argue that the main reason for this outcome is the widened dispersion of skills across the earnings distribution. resulting front demand and supply shifts in the labor market caused by trade openness and expanded access to higher education. journal of Comparative Economics 39 (1) (2011) http://aims.cuhk.edu.hk/converis/portal/Publication/82-91. Hong Kong Baptist University, Kowloon, Hong Kong: The Chinese University of Hong Kong, Shatin, Hong Kong. (C) 2010 Association for Comparative Economic Studies. Published by Elsevier Inc. All rights reserved.

着者Lam KC, Liu PW
期刊名称Journal of Comparative Economics
出版年份2011
月份3
日期1
卷号39
期次1
出版社Elsevier
页次http://aims.cuhk.edu.hk/converis/portal/Publication/82 - 91
国际标準期刊号0147-5967
电子国际标準期刊号1095-7227
语言英式英语

关键词Earnings; Education; Inequality; Liberalization; Trade
Web of Science 学科类别Business & Economics; Economics; ECONOMICS

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