Trade and wages in Colombia
Trade and wages in Colombia
| dc.creator | Robbins, Donald | |
| dc.date | 2016-05-10 | |
| dc.date.accessioned | 2019-04-02T14:00:04Z | |
| dc.date.available | 2019-04-02T14:00:04Z | |
| dc.identifier | https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/41011 | |
| dc.identifier.uri | http://revistaschilenas.uchile.cl/handle/2250/3217 | |
| dc.description | 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 |
| dc.format | text/html | |
| dc.language | eng | |
| dc.publisher | Departamento de Economía - Facultad de Economía y Negocios, Universidad de Chile. | en-US |
| dc.relation | https://estudiosdeeconomia.uchile.cl/index.php/EDE/article/view/41011/43621 | |
| dc.source | Estudios de Economía; Vol 24 No 1 (1997): June; pp. 47-83 | en-US |
| dc.source | Estudios de Economía; Vol 24 No 1 (1997): June; pp. 47-83 | es-ES |
| dc.source | 0718-5286 | |
| dc.source | 0304-2758 | |
| dc.title | Trade and wages in Colombia | en-US |
| dc.title | Trade and wages in Colombia | es-ES |
| dc.type | info:eu-repo/semantics/article | |
| dc.type | info:eu-repo/semantics/publishedVersion |
This item appears in the following Collection(s)
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Estudios de Economía
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