Trade and income distribution /
Cline, William R.,
Trade and income distribution / William R. Cline. - xiii, 305 pages : illustrations ; 23 cm
Includes bibliographical references (pages 285-294) and index.
Preface -- Acknowledgments -- Trends in Income Distribution and Wages -- Long-Term Patterns -- Family Income, Poverty, and Wealth -- Wage Distribution -- Education and Skills -- Experience and Unexplained Variation -- Productivity and Wage Levels -- International Patterns -- Overview -- A Critical Review of the Literature -- Stolper-Samuelson and Factor-Price Equalization -- Development Economists 1 -- Labor Economists 1 -- Labor Economists 2 -- Trade Economists 1 -- Trade Economists 2 -- Development Economists 2 -- Trade Economists 1 Revisited -- Labor Economists 1 Revisited -- Overview -- Appendix 2A -- Experiments with the Krugman Model -- Introduction -- The Krugman Model -- Constant-Elasticity-of-Substitution Reformulation -- Elasticity of Substitution between Skilled and Unskilled Labor -- CES Estimates with Limited Substitutability -- Decadal Outlook with the CES-Krugman Model -- Appendix 3A -- The Trade and Income Distribution Equilibrium (TIDE) Model -- Model Structure -- Factor Data -- Trade Data -- Model Calibration -- Backcast and Counterfactuals -- TIDE Model Forecasts -- Model Sensitivity -- Conclusion -- Appendix 4A -- Conclusion -- Overview of the Study -- An Illustrative Synthesis -- Absolute versus Relative Wage -- Policy Implications -- Employment and Wage Growth in Europe and the United States -- References -- Index -- Tables -- Distribution of family money income -- Change in real hourly wage by education, 1973-93 -- Education and income -- Enrollment of college-aged population, 1960-92 -- Educational distribution of the US labor force -- Decomposition of estimated sources of relative wage changes, 1979-88 -- Trends in employment and wages by broad sector and years of education, 1967-86 -- Alternative estimates of the impact of trade on rising US wage inequality -- Experiments with the Krugman model -- Trade response to relative wage increase -- Country shares in global factor endowments and output, 1973-93 -- Trends in factor endowments, 1973-93 -- Actual net trade in manufactures by factor intensity and partner -- Revealed comparative advantage by manufactured product group -- Factor shadow prices in the TIDE model -- Optimal trade matrix in the TIDE-CD model, 1993 -- Percent deviation of factor prices from baseline: backcast counterfactuals, TIDE Cobb-Douglas model -- Factor shadow prices in the TIDE model: forecasts -- Percent deviation of factor prices from baseline: forecast scenarios, TIDE Cobb-Douglas model -- Classification of 2-digit SITC codes by major factor input -- Actual exports and imports by product group -- Estimated distances between countries -- Assumed tariff equivalents of total protection -- Technical efficiency coefficients -- Percent deviation of factor prices from baseline: backcast counterfactuals, TIDE-CES model -- Illustrative sources of increase in the ratio of skilled to unskilled wages in the United States -- Figures -- Median money income and poverty, 1967-93 -- Poverty by family status, 1959-93 -- Family status, 1959-93 -- Actual and hypothetical poverty, 1959-93 -- Composition of national income, 1959-94 -- 90th/10th percentile wage ratios for full-time wage and salary workers, 1969-93 -- Skilled/unskilled wage ratio, 1961-93 -- Wage inequality, males 16 years and older with positive earnings, 1968-87 -- Wage inequality for men, 1973-93 -- Wage inequality for women, 1973-93 -- Hourly wages by education, 1973-93 -- Deindustrialization and developing-country import penetration for OECD countries, 1970-90 -- The Lerner-Pearce diagram of the Stolper-Samuelson theorem -- Samuelson's diagram for factor-price equalization -- R&D per worker versus wage differentials for college and high school workers, 1963-88 -- Estimated wage change by percentile, 1964-88 -- Durable goods trade deficit and the return to skills, 1949-90 -- Trade and factor prices -- Locus of minimum costs for inputs produced in the North and South -- Real income in countries 1 and 2 as a function of the efficiency of country 2 in the production of good B -- Interaction of supply and demand for skilled and unskilled labor -- Output and imports of manufactures of industrial countries, 1971-93 -- OECD manufactured imports from LDCs -- Real wages for the G6 countries, 1970-93 -- Wages and job creation, 1970-90. 1. 2. 3. 4. 5. Appendix A. Table 1.1. Table 1.2. Table 1.3. Table 1.4. Table 1.5. Table 2.1. Table 2.2. Table 2.3. Table 3.1. Table 3.2. Table 4.1. Table 4.2. Table 4.3. Table 4.4. Table 4.5. Table 4.6. Table 4.7. Table 4.8. Table 4.9. Table 4A.1. Table 4A.2. Table 4A.3. Table 4A.4. Table 4A.5. Table 4A.6. Table 5.1. Figure 1.1. Figure 1.2. Figure 1.3. Figure 1.4. Figure 1.5. Figure 1.6. Figure 1.7. Figure 1.8. Figure 1.9a. Figure 1.9b. Figure 1.10. Figure 1.11. Figure 2.1. Figure 2.2. Figure 2.3. Figure 2.4. Figure 2.5. Figure 2.6. Figure 2.7. Figure 2.8. Figure 2.9. Figure 3.1. Figure 3.2. Figure A.1. Figure A.2.
0881322164 9780881322163
96002659
Income distribution
HB523. / C58 1997
339.2
Trade and income distribution / William R. Cline. - xiii, 305 pages : illustrations ; 23 cm
Includes bibliographical references (pages 285-294) and index.
Preface -- Acknowledgments -- Trends in Income Distribution and Wages -- Long-Term Patterns -- Family Income, Poverty, and Wealth -- Wage Distribution -- Education and Skills -- Experience and Unexplained Variation -- Productivity and Wage Levels -- International Patterns -- Overview -- A Critical Review of the Literature -- Stolper-Samuelson and Factor-Price Equalization -- Development Economists 1 -- Labor Economists 1 -- Labor Economists 2 -- Trade Economists 1 -- Trade Economists 2 -- Development Economists 2 -- Trade Economists 1 Revisited -- Labor Economists 1 Revisited -- Overview -- Appendix 2A -- Experiments with the Krugman Model -- Introduction -- The Krugman Model -- Constant-Elasticity-of-Substitution Reformulation -- Elasticity of Substitution between Skilled and Unskilled Labor -- CES Estimates with Limited Substitutability -- Decadal Outlook with the CES-Krugman Model -- Appendix 3A -- The Trade and Income Distribution Equilibrium (TIDE) Model -- Model Structure -- Factor Data -- Trade Data -- Model Calibration -- Backcast and Counterfactuals -- TIDE Model Forecasts -- Model Sensitivity -- Conclusion -- Appendix 4A -- Conclusion -- Overview of the Study -- An Illustrative Synthesis -- Absolute versus Relative Wage -- Policy Implications -- Employment and Wage Growth in Europe and the United States -- References -- Index -- Tables -- Distribution of family money income -- Change in real hourly wage by education, 1973-93 -- Education and income -- Enrollment of college-aged population, 1960-92 -- Educational distribution of the US labor force -- Decomposition of estimated sources of relative wage changes, 1979-88 -- Trends in employment and wages by broad sector and years of education, 1967-86 -- Alternative estimates of the impact of trade on rising US wage inequality -- Experiments with the Krugman model -- Trade response to relative wage increase -- Country shares in global factor endowments and output, 1973-93 -- Trends in factor endowments, 1973-93 -- Actual net trade in manufactures by factor intensity and partner -- Revealed comparative advantage by manufactured product group -- Factor shadow prices in the TIDE model -- Optimal trade matrix in the TIDE-CD model, 1993 -- Percent deviation of factor prices from baseline: backcast counterfactuals, TIDE Cobb-Douglas model -- Factor shadow prices in the TIDE model: forecasts -- Percent deviation of factor prices from baseline: forecast scenarios, TIDE Cobb-Douglas model -- Classification of 2-digit SITC codes by major factor input -- Actual exports and imports by product group -- Estimated distances between countries -- Assumed tariff equivalents of total protection -- Technical efficiency coefficients -- Percent deviation of factor prices from baseline: backcast counterfactuals, TIDE-CES model -- Illustrative sources of increase in the ratio of skilled to unskilled wages in the United States -- Figures -- Median money income and poverty, 1967-93 -- Poverty by family status, 1959-93 -- Family status, 1959-93 -- Actual and hypothetical poverty, 1959-93 -- Composition of national income, 1959-94 -- 90th/10th percentile wage ratios for full-time wage and salary workers, 1969-93 -- Skilled/unskilled wage ratio, 1961-93 -- Wage inequality, males 16 years and older with positive earnings, 1968-87 -- Wage inequality for men, 1973-93 -- Wage inequality for women, 1973-93 -- Hourly wages by education, 1973-93 -- Deindustrialization and developing-country import penetration for OECD countries, 1970-90 -- The Lerner-Pearce diagram of the Stolper-Samuelson theorem -- Samuelson's diagram for factor-price equalization -- R&D per worker versus wage differentials for college and high school workers, 1963-88 -- Estimated wage change by percentile, 1964-88 -- Durable goods trade deficit and the return to skills, 1949-90 -- Trade and factor prices -- Locus of minimum costs for inputs produced in the North and South -- Real income in countries 1 and 2 as a function of the efficiency of country 2 in the production of good B -- Interaction of supply and demand for skilled and unskilled labor -- Output and imports of manufactures of industrial countries, 1971-93 -- OECD manufactured imports from LDCs -- Real wages for the G6 countries, 1970-93 -- Wages and job creation, 1970-90. 1. 2. 3. 4. 5. Appendix A. Table 1.1. Table 1.2. Table 1.3. Table 1.4. Table 1.5. Table 2.1. Table 2.2. Table 2.3. Table 3.1. Table 3.2. Table 4.1. Table 4.2. Table 4.3. Table 4.4. Table 4.5. Table 4.6. Table 4.7. Table 4.8. Table 4.9. Table 4A.1. Table 4A.2. Table 4A.3. Table 4A.4. Table 4A.5. Table 4A.6. Table 5.1. Figure 1.1. Figure 1.2. Figure 1.3. Figure 1.4. Figure 1.5. Figure 1.6. Figure 1.7. Figure 1.8. Figure 1.9a. Figure 1.9b. Figure 1.10. Figure 1.11. Figure 2.1. Figure 2.2. Figure 2.3. Figure 2.4. Figure 2.5. Figure 2.6. Figure 2.7. Figure 2.8. Figure 2.9. Figure 3.1. Figure 3.2. Figure A.1. Figure A.2.
0881322164 9780881322163
96002659
Income distribution
HB523. / C58 1997
339.2