Globalisation and inter-occupational inequality: Empirical evidence from OECD countries
This article was published in World Economy [© 2013 John Wiley & Sons Ltd.] and the definite version is available at: http://onlinelibrary.wiley.com/doi/10.1111/twec.12128/full The article website is at: http://onlinelibrary.wiley.com/doi/10.1111/twec.2014.37.issue-3/issuetoc
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© 2013 John Wiley & Sons Ltd.
2016
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10361-67182016-11-29T10:45:32Z Globalisation and inter-occupational inequality: Empirical evidence from OECD countries Bigsten, Arne Munshi, Farzana Department of Economics and Social Sciences, BRAC University Capital flow Empirical analysis Globalization Labor market OECD Outsourcing Skilled labor Trade flow Wage gap This article was published in World Economy [© 2013 John Wiley & Sons Ltd.] and the definite version is available at: http://onlinelibrary.wiley.com/doi/10.1111/twec.12128/full The article website is at: http://onlinelibrary.wiley.com/doi/10.1111/twec.2014.37.issue-3/issuetoc How does globalisation affect inter-occupational wage inequality within countries? This paper examines this by focusing on two dimensions of globalisation: openness to trade and openness to capital flows, using a relatively new data set on occupational wages. Estimates from a dynamic model for 15 OECD countries spanning the period 1983–2003 suggest that increased openness increases occupational wage inequality in poorer OECD countries as predicted by the Heckscher–Ohlin–Samuelson model, but for the more advanced OECD countries, we find no significant effect. The absence of the expected result for the latter category can be due to a rapid increase in the supply of skilled labour, to outsourcing of skilled jobs or because changes in the trade flows are too small to have any significant effect in those countries. Published 2016-11-03T06:10:01Z 2016-11-03T06:10:01Z 2013 Article Bigsten, A., & Munshi, F. (2014). Globalisation and inter-occupational inequality: Empirical evidence from OECD countries. World Economy, 37(3), 501-510. doi:10.1111/twec.12128 03785920 http://hdl.handle.net/10361/6718 10.1111/twec.12128 http://onlinelibrary.wiley.com/doi/10.1111/twec.12128/abstract © 2013 John Wiley & Sons Ltd. |
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Brac University |
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Institutional Repository |
| topic |
Capital flow Empirical analysis Globalization Labor market OECD Outsourcing Skilled labor Trade flow Wage gap |
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Capital flow Empirical analysis Globalization Labor market OECD Outsourcing Skilled labor Trade flow Wage gap Bigsten, Arne Munshi, Farzana Globalisation and inter-occupational inequality: Empirical evidence from OECD countries |
| description |
This article was published in World Economy [© 2013 John Wiley & Sons Ltd.] and the definite version is available at: http://onlinelibrary.wiley.com/doi/10.1111/twec.12128/full The article website is at: http://onlinelibrary.wiley.com/doi/10.1111/twec.2014.37.issue-3/issuetoc |
| author2 |
Department of Economics and Social Sciences, BRAC University |
| author_facet |
Department of Economics and Social Sciences, BRAC University Bigsten, Arne Munshi, Farzana |
| format |
Article |
| author |
Bigsten, Arne Munshi, Farzana |
| author_sort |
Bigsten, Arne |
| title |
Globalisation and inter-occupational inequality: Empirical evidence from OECD countries |
| title_short |
Globalisation and inter-occupational inequality: Empirical evidence from OECD countries |
| title_full |
Globalisation and inter-occupational inequality: Empirical evidence from OECD countries |
| title_fullStr |
Globalisation and inter-occupational inequality: Empirical evidence from OECD countries |
| title_full_unstemmed |
Globalisation and inter-occupational inequality: Empirical evidence from OECD countries |
| title_sort |
globalisation and inter-occupational inequality: empirical evidence from oecd countries |
| publisher |
© 2013 John Wiley & Sons Ltd. |
| publishDate |
2016 |
| url |
http://hdl.handle.net/10361/6718 |
| work_keys_str_mv |
AT bigstenarne globalisationandinteroccupationalinequalityempiricalevidencefromoecdcountries AT munshifarzana globalisationandinteroccupationalinequalityempiricalevidencefromoecdcountries |
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1814309092417601536 |