IDEAS home Printed from https://ideas.repec.org/a/taf/jdevst/v34y1997i2p1-34.html
   My bibliography  Save this article

Trade, technology and labour markets in the world economy, 1970-90: A computable general equilibrium analysis

Author

Listed:
  • Patrick Minford
  • Jonathan Riley
  • Eric Nowell

Abstract

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.

Suggested Citation

  • Patrick Minford & Jonathan Riley & Eric Nowell, 1997. "Trade, technology and labour markets in the world economy, 1970-90: A computable general equilibrium analysis," Journal of Development Studies, Taylor & Francis Journals, vol. 34(2), pages 1-34.
  • Handle: RePEc:taf:jdevst:v:34:y:1997:i:2:p:1-34
    DOI: 10.1080/00220389708422510
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/00220389708422510
    Download Restriction: Access to full text is restricted to subscribers.

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:kap:openec:v:29:y:2018:i:3:d:10.1007_s11079-017-9470-z is not listed on IDEAS
    2. Dumont, Michel, 2004. "The Impact of International Trade with Newly Industrialised Countries on the Wages and Employment of Low-Skilled and High-Skilled Workers in the European Union," Thesis Commons bmxag, Center for Open Science.
    3. Patrick Minford & Yongdeng Xu, 2018. "Classical or Gravity? Which Trade Model Best Matches the UK Facts?," Open Economies Review, Springer, vol. 29(3), pages 579-611, July.
    4. Welsch, Heinz, 2001. "The determinants of production-related carbon emissions in West Germany, 1985-1990: assessing the role of technology and trade," Structural Change and Economic Dynamics, Elsevier, vol. 12(4), pages 425-455, December.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:jdevst:v:34:y:1997:i:2:p:1-34. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Chris Longhurst). General contact details of provider: http://www.tandfonline.com/FJDS20 .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.