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008 | 960102s1997 dcua b 001 0 eng d | ||
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_aDLC _beng _erda _dATU |
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050 | 0 | 0 |
_aHB523. _bC58 1997 |
082 | 0 | _a339.2 | |
100 | 1 |
_aCline, William R., _eauthor. _91018844 |
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245 | 1 | 0 |
_aTrade and income distribution / _cWilliam R. Cline. |
264 | 1 |
_aWashington, DC : _bInstitute for International Economics, _c1997. |
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300 |
_axiii, 305 pages : _billustrations ; _c23 cm |
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336 |
_atext _btxt _2rdacontent |
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337 |
_aunmediated _bn _2rdamedia |
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338 |
_avolume _bnc _2rdacarrier |
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504 | _aIncludes bibliographical references (pages 285-294) and index. | ||
505 | 0 | 0 |
_tPreface -- _tAcknowledgments -- _g1. _tTrends in Income Distribution and Wages -- _tLong-Term Patterns -- _tFamily Income, Poverty, and Wealth -- _tWage Distribution -- _tEducation and Skills -- _tExperience and Unexplained Variation -- _tProductivity and Wage Levels -- _tInternational Patterns -- _tOverview -- _g2. _tA Critical Review of the Literature -- _tStolper-Samuelson and Factor-Price Equalization -- _tDevelopment Economists 1 -- _tLabor Economists 1 -- _tLabor Economists 2 -- _tTrade Economists 1 -- _tTrade Economists 2 -- _tDevelopment Economists 2 -- _tTrade Economists 1 Revisited -- _tLabor Economists 1 Revisited -- _tOverview -- _tAppendix 2A -- _g3. _tExperiments with the Krugman Model -- _tIntroduction -- _tThe Krugman Model -- _tConstant-Elasticity-of-Substitution Reformulation -- _tElasticity of Substitution between Skilled and Unskilled Labor -- _tCES Estimates with Limited Substitutability -- _tDecadal Outlook with the CES-Krugman Model -- _tAppendix 3A -- _g4. _tThe Trade and Income Distribution Equilibrium (TIDE) Model -- _tModel Structure -- _tFactor Data -- _tTrade Data -- _tModel Calibration -- _tBackcast and Counterfactuals -- _tTIDE Model Forecasts -- _tModel Sensitivity -- _tConclusion -- _tAppendix 4A -- _g5. _tConclusion -- _tOverview of the Study -- _tAn Illustrative Synthesis -- _tAbsolute versus Relative Wage -- _tPolicy Implications -- _gAppendix A. _tEmployment and Wage Growth in Europe and the United States -- _tReferences -- _tIndex -- _tTables -- _gTable 1.1. _tDistribution of family money income -- _gTable 1.2. _tChange in real hourly wage by education, 1973-93 -- _gTable 1.3. _tEducation and income -- _gTable 1.4. _tEnrollment of college-aged population, 1960-92 -- _gTable 1.5. _tEducational distribution of the US labor force -- _gTable 2.1. _tDecomposition of estimated sources of relative wage changes, 1979-88 -- _gTable 2.2. _tTrends in employment and wages by broad sector and years of education, 1967-86 -- _gTable 2.3. _tAlternative estimates of the impact of trade on rising US wage inequality -- _gTable 3.1. _tExperiments with the Krugman model -- _gTable 3.2. _tTrade response to relative wage increase -- _gTable 4.1. _tCountry shares in global factor endowments and output, 1973-93 -- _gTable 4.2. _tTrends in factor endowments, 1973-93 -- _gTable 4.3. _tActual net trade in manufactures by factor intensity and partner -- _gTable 4.4. _tRevealed comparative advantage by manufactured product group -- _gTable 4.5. _tFactor shadow prices in the TIDE model -- _gTable 4.6. _tOptimal trade matrix in the TIDE-CD model, 1993 -- _gTable 4.7. _tPercent deviation of factor prices from baseline: backcast counterfactuals, TIDE Cobb-Douglas model -- _gTable 4.8. _tFactor shadow prices in the TIDE model: forecasts -- _gTable 4.9. _tPercent deviation of factor prices from baseline: forecast scenarios, TIDE Cobb-Douglas model -- _gTable 4A.1. _tClassification of 2-digit SITC codes by major factor input -- _gTable 4A.2. _tActual exports and imports by product group -- _gTable 4A.3. _tEstimated distances between countries -- _gTable 4A.4. _tAssumed tariff equivalents of total protection -- _gTable 4A.5. _tTechnical efficiency coefficients -- _gTable 4A.6. _tPercent deviation of factor prices from baseline: backcast counterfactuals, TIDE-CES model -- _gTable 5.1. _tIllustrative sources of increase in the ratio of skilled to unskilled wages in the United States -- _tFigures -- _gFigure 1.1. _tMedian money income and poverty, 1967-93 -- _gFigure 1.2. _tPoverty by family status, 1959-93 -- _gFigure 1.3. _tFamily status, 1959-93 -- _gFigure 1.4. _tActual and hypothetical poverty, 1959-93 -- _gFigure 1.5. _tComposition of national income, 1959-94 -- _gFigure 1.6. _t90th/10th percentile wage ratios for full-time wage and salary workers, 1969-93 -- _gFigure 1.7. _tSkilled/unskilled wage ratio, 1961-93 -- _gFigure 1.8. _tWage inequality, males 16 years and older with positive earnings, 1968-87 -- _gFigure 1.9a. _tWage inequality for men, 1973-93 -- _gFigure 1.9b. _tWage inequality for women, 1973-93 -- _gFigure 1.10. _tHourly wages by education, 1973-93 -- _gFigure 1.11. _tDeindustrialization and developing-country import penetration for OECD countries, 1970-90 -- _gFigure 2.1. _tThe Lerner-Pearce diagram of the Stolper-Samuelson theorem -- _gFigure 2.2. _tSamuelson's diagram for factor-price equalization -- _gFigure 2.3. _tR&D per worker versus wage differentials for college and high school workers, 1963-88 -- _gFigure 2.4. _tEstimated wage change by percentile, 1964-88 -- _gFigure 2.5. _tDurable goods trade deficit and the return to skills, 1949-90 -- _gFigure 2.6. _tTrade and factor prices -- _gFigure 2.7. _tLocus of minimum costs for inputs produced in the North and South -- _gFigure 2.8. _tReal income in countries 1 and 2 as a function of the efficiency of country 2 in the production of good B -- _gFigure 2.9. _tInteraction of supply and demand for skilled and unskilled labor -- _gFigure 3.1. _tOutput and imports of manufactures of industrial countries, 1971-93 -- _gFigure 3.2. _tOECD manufactured imports from LDCs -- _gFigure A.1. _tReal wages for the G6 countries, 1970-93 -- _gFigure A.2. _tWages and job creation, 1970-90. |
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