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Trade Liberalisation and Wages in Developing CountriesJorge ArbacheBNDES - Brazilian Development Bank; University of Brasilia - Department of Economics Andrew P. DickersonUniversity of Warwick - Institute for Employment Research (IER) Francis GreenUniversity of Kent, Canterbury - Department of Economics Economic Journal, Vol. 114, No. 493, pp. F73-F96, February 2004 Abstract: This paper reviews the effects of trade liberalisation on wages in developing countries, and presents new evidence for Brazil. Wages fell substantially in the traded sector after trade liberalisation, consistent with there being reduced rents as industries faced greater competition. After trade liberalisation there was an increase in the marginal returns to college education. Within the traded sector, the impact of increasing openness on wages was insignificant for those in the top two education groups but negative for lower level education groups. These findings are consistent with the hypothesis that imported technology raised the relative demand for highly skilled labour.
Keywords: trade liberalization, technology, returns to education, wages, employment, income distribution, developing countries JEL Classification: J3, J6, J31, F16, D33, D15 Accepted Paper SeriesDate posted: March 16, 2004Suggested CitationContact Information
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