Skill classification and the effects of trade on wage inequality
Winchester, Niven; Greenaway, David; Reed, Geoffrey V
The extent to which rising wage inequality in developed nations can be attributed to increased North-South trade has been a contentious issue over the last 20 years or so. We contribute to the debate by outlining a new skill classification method and evaluating the link between trade and wages using an economy-wide model. Our skill classification considers both academic and vocational qualifications and uses cluster methods to group together occupations with similar skill characteristics.
Publisher: University of Otago
Series number: 529
Keywords: skill classification; trade and wages; Human capital
Research Type: Discussion Paper