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Trade Liberalization and the Wage Skill Premium in Korean Manufacturing Plants: Do Plants R&D and Investment Matter?

In: Impact of Globalization on Labor Market

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  • Chin Hee Hahn
  • Yong-Seok Choi

Abstract

The structure of this report is to examines the impact of globalization on labor market outcomes. Globalization in this study is broadly defined to include trade and foreign direct investment (FDI) liberalization, trade (exports and imports), international capital flows, outsourcing and traded intermediate goods, while labor market outcomes are defined as wages and employment as well as volatility and dispersion of wages. This research cover the topic for many of the East and Southeast Asia countries, namely Australia, Indonesia, Japan, Korea, Malaysia, the Philippines, Thailand, and Vietnam.

Suggested Citation

  • Chin Hee Hahn & Yong-Seok Choi, . "Trade Liberalization and the Wage Skill Premium in Korean Manufacturing Plants: Do Plants R&D and Investment Matter?," Chapters, in: Chine Hee HAHN & Dionisius Narjoko (ed.), Impact of Globalization on Labor Market, chapter 2, pages 14-37, Economic Research Institute for ASEAN and East Asia (ERIA).
    • Handle: RePEc:era:chaptr:2012-rpr-04-02
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    References listed on IDEAS

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    2. Amiti, Mary & Cameron, Lisa, 2012. "Trade Liberalization and the Wage Skill Premium: Evidence from Indonesia," Journal of International Economics, Elsevier, vol. 87(2), pages 277-287.
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    Cited by:

    1. Sena Kimm Gnangnon, 2021. "Economic complexity and poverty in developing countries," Economic Affairs, Wiley Blackwell, vol. 41(3), pages 416-429, October.
    2. Chin Hee Hahn & Ju Hyun Pyun, 2023. "Real exchange rate shocks and new product margins in the export market," The World Economy, Wiley Blackwell, vol. 46(1), pages 208-235, January.
    3. Kölling, Arnd & Mertens, Antje, 2020. "Exporting behavior and the demand for skills in German establishments," Working Papers 97, Berlin School of Economics and Law, Institute of Management Berlin (IMB).
    4. Gnangnon, Sèna Kimm, 2020. "Aid for Trade flows and Wage Inequality in the manufacturing sector of recipient-countries," EconStor Preprints 213936, ZBW - Leibniz Information Centre for Economics.
    5. Endoh, Masahiro, 2021. "Offshoring and working hours adjustments in a within-firm labor market," Journal of the Japanese and International Economies, Elsevier, vol. 60(C).
    6. Mita Bhattacharya & Kien Trung Nguyen, 2019. "Trade liberalization and the wage–skill premium: Evidence from Vietnamese manufacturing," Economics of Transition and Institutional Change, John Wiley & Sons, vol. 27(2), pages 519-540, February.
    7. Endoh, Masahiro, 2021. "The effect of import competition on labor income inequality through firm and worker heterogeneity in the Japanese manufacturing sector," Japan and the World Economy, Elsevier, vol. 59(C).

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