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| Content Provider | Springer Nature Link |
|---|---|
| Author | Razmi, Arslan |
| Copyright Year | 2009 |
| Abstract | Using simple, modified versions of the factor proportions framework, and focusing on structural features within developing economies, this paper attempts to reconcile puzzling developments observed in many post-reform, post-liberalization countries whereby increasing income inequality has emerged side-by-side with informalization of the economy. Measures undertaken to enhance public sector efficiency and attract investment in an import-intensive export sector may increase rental–wage and skilled–unskilled wage gaps, contra the predictions of the simple Heckscher–Ohlin–Stolper–Samuelson (HOSS) framework regarding skill- and capital-scarce countries. The common thread generating our interesting results is the presence of sectors that are even more labor-intensive than those producing traded goods. |
| Starting Page | 361 |
| Ending Page | 372 |
| Page Count | 12 |
| File Format | |
| ISSN | 16102878 |
| Journal | Weltwirtschaftliches Archiv |
| Volume Number | 145 |
| Issue Number | 2 |
| e-ISSN | 16102886 |
| Language | English |
| Publisher | Springer-Verlag |
| Publisher Date | 2009-06-27 |
| Publisher Place | Berlin, Heidelberg |
| Access Restriction | One Nation One Subscription (ONOS) |
| Subject Keyword | Heckscher–Ohlin–Stolper–Samuelson theory Skill premium Informalization International production networks Elasticity of factor substitution Wage rigidity Economics general International Economics |
| Content Type | Text |
| Resource Type | Article |
| Subject | Economics, Econometrics and Finance |
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