Trade and wages in Colombia
Author | dc.contributor.author | Robbins, Donald | |
Admission date | dc.date.accessioned | 2011-03-21T11:33:37Z | |
Available date | dc.date.available | 2011-03-21T11:33:37Z | |
Publication date | dc.date.issued | 1997-06 | |
Cita de ítem | dc.identifier.citation | Estudios de Economía Vol. 24 No. 1 Junio 1997 Págs. 47-83 | en_US |
Identifier | dc.identifier.uri | https://repositorio.uchile.cl/handle/2250/127983 | |
Abstract | dc.description.abstract | This paper examines the impacts of real devaluation, trade liberalization and the growing relative supply of skill on wage dispersion in Colombia’s seven principal cities over 1976-1994. The Hecksher-Ohlin-Samuelson(HOS) framework predicts that while labor supply shifts and devaluation should not affect wage dispersion, trade liberalization should compress wages in LDC’s. My findings differ: growth in the supply of skills lowers, and liberalization and real devaluation raise, wage dispersion. This is not due to failure of the HOS assumptions of factor-diversified trade or that Colombia is skilled relative to the world average. The data are consistent with non-HOS assumptions where devaluation and liberalization encourage capital and embodied technical flows. | en_US |
Lenguage | dc.language.iso | en | en_US |
Publisher | dc.publisher | Universidad de Chile. Facultad de Economía y Negocios | en_US |
Keywords | dc.subject | Real devaluation | en_US |
Título | dc.title | Trade and wages in Colombia | en_US |
Document type | dc.type | Artículo de revista |
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