Global Supply Chains and Wage Inequality
A salient feature of globalization in recent decades is the emergence of "global supply chains" in which different countries specialize in different stages of a sequential production process. In Costinot, Vogel and Wang (2011) (CVW hereafter), we have developed a simple theory of trade with sequential production to shed light on how global supply chains affect the interdependence of nations. In this paper we develop a multi-factor extension of CVW to explore how the emergence of global supply chains may affect wage inequality within countries.
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Volume (Year): 102 (2012)
Issue (Month): 3 (May)
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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Arnaud Costinot & Jonathan E. Vogel & Su Wang, 2011.
"An Elementary Theory of Global Supply Chains,"
CESifo Working Paper Series
3402, CESifo Group Munich.
- Arnaud Costinot & Jonathan Vogel & Su Wang, 2011. "An Elementary Theory of Global Supply Chains," NBER Working Papers 16936, National Bureau of Economic Research, Inc.
- Su Wang & Jonathan Vogel & Arnaud Costinot, 2011. "An Elementary Theory of Global Supply Chains," 2011 Meeting Papers 95, Society for Economic Dynamics.
- Arnaud Costinot & Jonathan Vogel, 2009.
"Matching and Inequality in the World Economy,"
NBER Working Papers
14672, National Bureau of Economic Research, Inc.
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