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Global Wage Difference Problem: The Smile Curve and Fair Allocation of the Global Value-Added Among Nations

In: Economics of Incentives for Inter-Firm Innovation

Author

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  • Yasuhiro Monden

Abstract

The following sections are included:Japanese Firms Should Not Consider the Short-Term Positioning in the Current Smile CurveJapan Should Try to Achieve Fair Allocation of the Global Value-Added in the Long-Run. For this Purpose, They Should Cooperate for the Economic Growth of the Emerging CountriesRecent Economic Development in Asian CountriesChange of the Shape of Smile CurveFor Solving the Problem of the Wage Differentials in Advanced Countries in a Globalized EconomyEndnotes

Suggested Citation

  • Yasuhiro Monden, 2018. "Global Wage Difference Problem: The Smile Curve and Fair Allocation of the Global Value-Added Among Nations," World Scientific Book Chapters, in: Economics of Incentives for Inter-Firm Innovation, chapter 5, pages 107-114, World Scientific Publishing Co. Pte. Ltd..
  • Handle: RePEc:wsi:wschap:9789813207783_0005
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    More about this item

    Keywords

    Open Innovation; Open Network Organization; Incentive Price System; Inter-Firm Collaboration; Supply Chain Managment;
    All these keywords.

    JEL classification:

    • L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General

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