Journal article
Trade and the distribution of human capital
Journal of international economics, Vol.73(2), pp.421-433
11/01/2007
DOI: 10.1016/j.jinteco.2007.03.002
Abstract
We develop a two-country, two-sector model of trade where the only difference between the two countries is their distribution of human capital endowments. We show that even if the two countries have identical aggregate human capital endowments the pattern of trade depends on the properties of the two human capital distributions. We also show that the two distributions of endowments also completely determine the effects of trade on income inequality. We also look at a simple majority voting model. It turns out autarky and free trade with and without compensation may be the voting outcome.
Details
- Title: Subtitle
- Trade and the distribution of human capital
- Creators
- Spiros Bougheas - University of NottinghamRaymond Riezman - University of Iowa
- Resource Type
- Journal article
- Publication Details
- Journal of international economics, Vol.73(2), pp.421-433
- DOI
- 10.1016/j.jinteco.2007.03.002
- ISSN
- 0022-1996
- eISSN
- 1873-0353
- Publisher
- Elsevier B.V
- Number of pages
- 13
- Language
- English
- Date published
- 11/01/2007
- Academic Unit
- Economics
- Record Identifier
- 9984963201302771
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