Labour heterogeneity and trade liberalization
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2004
Autor:innen
Wiermann, Christian
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Zusammenfassung
This paper identifies the decreasing heterogeneity in labor as one of the driving forces of secular trade liberalization. A decrease in the sector-specificity of human capital gives rise to a decline of protectionist demands since the workers stakes in trade policy resemble more and more the social welfare consequences of trade policy. Since the process of labor homogenization appears to be irreversible we arrive at the conclusion that protectionist trade polices will soon become an obsolescent model.
Zusammenfassung in einer weiteren Sprache
Fachgebiet (DDC)
330 Wirtschaft
Schlagwörter
Heterogene Arneit, Handelsliberalisierung, labor heterogeneity, labor mobility, trade liberalization, political economy
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WIERMANN, Christian, 2004. Labour heterogeneity and trade liberalizationBibTex
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<dcterms:abstract xml:lang="eng">This paper identifies the decreasing heterogeneity in labor as one of the driving forces of secular trade liberalization. A decrease in the sector-specificity of human capital gives rise to a decline of protectionist demands since the workers stakes in trade policy resemble more and more the social welfare consequences of trade policy. Since the process of labor homogenization appears to be irreversible we arrive at the conclusion that protectionist trade polices will soon become an obsolescent model.</dcterms:abstract>
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