Impacts de l'ouverture Nord-Sud sur le progrès technique et les inégalités salariales
AbstractWe analyse the influence of North-South openness on technological change and on inequalities between skilled and unskilled workers in the advanced countries (the ?North?). A North-South model of endogenous growth based on technological knowledge is constructed and simulated according to 3 scenarios: autarky, North-South openness with flexible labour markets, and openness with a minimum wage in the North. The model shows that North-South openness (i) increases the skill premium and reduces R&D and the productivity growth when labour markets are perfectly competitive, and (ii) increases R&D and productivity at the expense of the less skilled employment when there is a minimum wage. In the long term, openness with a minimum wage in the North is the best situation in terms of real income per head. Classification JEL : F43, J30, O30, O40.
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Bibliographic InfoArticle provided by Presses de Sciences-Po in its journal Revue économique.
Volume (Year): 58 (2007)
Issue (Month): 2 ()
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Find related papers by JEL classification:
- F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
- J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
- O30 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - General
- O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
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- N. Bauduin & N. Chusseau & J. Hellier, 2008. "Combining minimum wage and exchange rate policy to release the external constraint on growth," International Review of Applied Economics, Taylor and Francis Journals, vol. 22(3), pages 299-320.
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