Overview
- Integrates international economics and labor economics
- Calculates factor content of trade
- Uses 55 manufacturing industries data
- Includes supplementary material: sn.pub/extras
Part of the book series: SpringerBriefs in Economics (BRIEFSECONOMICS)
Part of the book sub series: Development Bank of Japan Research Series (BRIEFSDBJRS)
Access this book
Tax calculation will be finalised at checkout
Other ways to access
Table of contents (5 chapters)
Keywords
About this book
Main results are as follows: First, both relative wage and relative employment of nonproduction to production workers, and college graduates to high-school graduates increased as a trend since the 1980s, suggesting a relative demand shift toward skilled labor. Second, analysis using input-output tables revealed that employment reduction due to increased imports is greater in production workers than in nonproduction workers, and that employment increase due to increased exports is greater in nonproduction workers than in production workers, suggesting the comparative advantage being at work in line with the Heckscher-Ohlin-Samuelson model. Third, analysis using factor content of trade revealed that increased trade during 1995-2005 especially with Asian countries raised the relative wage of nonproduction to production workers in the aggregated manufacturing sector by 0.023 points (1.400 to 1.422), or by 1.6 percent in terms of rate of change. This estimation result suggests that increased trade in this period played a certain role in widening wage inequality between nonproduction to production workers. These results contribute to a deeper understanding of the effect of globalization on labor market in the field of economics.
Authors and Affiliations
About the author
Bibliographic Information
Book Title: Trade and the Labor Market
Book Subtitle: Effect on Wage Inequality in Japan
Authors: Kojiro Sakurai
Series Title: SpringerBriefs in Economics
DOI: https://doi.org/10.1007/978-981-10-5993-3
Publisher: Springer Singapore
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: Development Bank of Japan 2017
Softcover ISBN: 978-981-10-5992-6Published: 12 September 2017
eBook ISBN: 978-981-10-5993-3Published: 04 September 2017
Series ISSN: 2191-5504
Series E-ISSN: 2191-5512
Edition Number: 1
Number of Pages: IX, 106
Number of Illustrations: 1 b/w illustrations, 19 illustrations in colour
Topics: International Economics, Labor Economics