Trade, technology and labour markets in the world economy, 1970–90: A computable general equilibrium analysis
使用南北可计算一般均衡模型,模拟技术转移和贸易冲击,发现两者对OECD非熟练劳动力困境的影响大致相当。
Whether the plight of OECD unskilled labour is due to trade or technology is examined with a general equilibrium Heckscher‐Ohlin calibrated model of North and South. Technology transfer from North to South via direct foreign investment in unskilled‐labour‐intensive manufacturing industries is identified as the trade shock. Simulations are carried out for this and other relevant shocks, and compared with the facts of the 1970–90 period. Weights on the shocks are selected by least squares. It is found that the roles of trade and technology in the plight of Northern unskilled labour are roughly equal.