Capital-Skill Complementarity and the Skill Premium in a Quantitative Model of Trade
构建了一个包含资本技能互补性的一般均衡贸易模型，研究全球贸易成本和技术变化对技能溢价的影响，发现两者影响相当且远大于斯托尔珀-萨缪尔森效应，且贸易收益越大技能溢价上升越多。
Technological change has reduced the relative price of capital goods. Reductions in trade costs make it cheaper to import capital goods. With capital-skill complementarity, both can increase the skill premium. I construct a general-equilibrium trade model with capital-skill complementarity to study the impact of changing worldwide trade costs and technologies on the skill premium. The impacts of trade costs and technical change are comparable, especially in developing countries, and much larger than Stolper-Samuelson effects. I find that both skilled and unskilled labor gain from trade, and that larger gains from trade are associated with larger increases in the skill premium.