International factor mobility, monopolistic competition, and wage inequality

Jiancai Pi, Yu Zhou, Jun Yin

研究成果: Article査読

12 被引用数 (Scopus)

抄録

This paper introduces monopolistic competition into two-sector general equilibrium models to investigate the impacts of international factor mobility on the skilled-unskilled wage inequality. The basic model shows that the change of skilled-unskilled wage inequality is determined by the comparison of the capital-labor distributive shares between the two sectors. The extended model finds that when the output of the monopolistically competitive sector is non-tradable, the mechanism in the basic model fails to work. Thus, we should pay special attention to the role that the non-tradable feature of final-good production plays. In addition, the welfare effects of an FDI inflow are also examined by the basic and extended models.

本文言語English
ページ(範囲)326-332
ページ数7
ジャーナルEconomic Modelling
33
DOI
出版ステータスPublished - 2013 7 1
外部発表はい

ASJC Scopus subject areas

  • 経済学、計量経済学

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