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International Trade, Wage Inequality and the Developing Economy

A General Equilibrium Approach

  • Book
  • © 2003

Overview

Authors:
  1. Sugata Marjit

    1. Centre for Studies in Social Sciences, Calcutta, India

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    You can also search for this author in PubMed   Google Scholar

  2. Rajat Acharyya

    1. Department of Economics, Jadavpur University, Calcutta, India

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    You can also search for this author in PubMed   Google Scholar

  • First theoretical monograph on the impact of international trade on the skilled-unskilled wage gap in developing countries
  • Includes supplementary material: sn.pub/extras

Part of the book series: Contributions to Economics (CE)

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Table of contents (10 chapters)

  1. Front Matter

    Pages I-XI
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  2. Introduction

    1. Introduction

      • Sugata Marjit, Rajat Acharyya
      Pages 1-6

  3. Evidence and the Debate

    1. Front Matter

      Pages 7-7
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    2. Wages and Employment

      • Sugata Marjit, Rajat Acharyya
      Pages 9-34

  4. Explaining Symmetric Wage-Gap

    1. Front Matter

      Pages 35-35
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    2. The Standard Trade Theory: How far Does it Go?

      • Sugata Marjit, Rajat Acharyya
      Pages 37-51

    3. Trade Liberalization and Symmetric Wage-Gap

      • Sugata Marjit, Rajat Acharyya
      Pages 53-60

    4. Input Trade: An Alternative Explanation

      • Sugata Marjit, Rajat Acharyya
      Pages 61-68

  5. Trade, Capital Flow and Employment

    1. Front Matter

      Pages 69-69
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    2. Liberalization and Employment in the Organized Sector

      • Sugata Marjit, Rajat Acharyya
      Pages 71-92

  6. Trade Liberalization, Wage Inequality and Employment in the South

    1. Front Matter

      Pages 93-93
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    2. Diverse Trade Pattern, Complementarity and Fragmentation

      • Sugata Marjit, Rajat Acharyya
      Pages 95-111

    3. Segmented Input Markets and Non-Traded Good

      • Sugata Marjit, Rajat Acharyya
      Pages 113-130

    4. Trade, Skill Formation and the Wage-Gap

      • Sugata Marjit, Rajat Acharyya
      Pages 131-151

    5. Conclusion

      • Sugata Marjit, Rajat Acharyya
      Pages 153-155

  7. Back Matter

    Pages 157-176
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Keywords

About this book

This book deals with the impact that international trade is likely to have on the skilled-unskilled wage gap in a typical developing economy. This is the first theoretical monograph on this particular issue which has already generated substantial debate and voluminous work for the developed countries. A unique feature of this work is that it tries to explain the possibility of rising inequality across trading nations and looks at the segmented labour markets of the poor economies. It makes convincing arguments that the standard general equilibrium models, the main workhorse of trade theory, can be given a creative facelift to address a number of critical and emerging issues in the area of trade and development.

Reviews

From the reviews:

"The book … explores the analytical borders of the standard trade model and shows how various modifications, motivated by a developing country (DC) perspective, can indeed reconcile the theory with the presumed facts. … I find the book by Marjit and Acharyya to be a very helpful contribution to the literature … . Apart from its obvious usefulness as a text for advanced courses on trade theory … the book may also serve as a useful source of inspiration for researchers … ." (Erich Gundlach, Review of World Economics, Vol. 140 (2), 2004)

Authors and Affiliations

  • Centre for Studies in Social Sciences, Calcutta, India

    Sugata Marjit

  • Department of Economics, Jadavpur University, Calcutta, India

    Rajat Acharyya

Bibliographic Information

  • Book Title: International Trade, Wage Inequality and the Developing Economy

  • Book Subtitle: A General Equilibrium Approach

  • Authors: Sugata Marjit, Rajat Acharyya

  • Series Title: Contributions to Economics

  • DOI: https://doi.org/10.1007/978-3-642-57422-1

  • Publisher: Physica Heidelberg

  • eBook Packages: Springer Book Archive

  • Copyright Information: Physica-Verlag Heidelberg 2003

  • Softcover ISBN: 978-3-7908-0031-9Published: 15 April 2003

  • eBook ISBN: 978-3-642-57422-1Published: 06 December 2012

  • Series ISSN: 1431-1933

  • Series E-ISSN: 2197-7178

  • Edition Number: 1

  • Number of Pages: XI, 176

  • Topics: International Economics, Development Economics, Labor Economics

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