Development Bank of Japan Research Series

Trade and the Labor Market

Effect on Wage Inequality in Japan

Authors: Sakurai, Kojiro

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  • Integrates international economics and labor economicsCalculates factor content of trade
  • Uses 55 manufacturing industries data
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書籍の購入

イーブック ¥6,375
価格の適用国: Japan (日本円価格は個人のお客様のみ有効) (小計)
  • ISBN 978-981-10-5993-3
  • ウォーターマーク付、 DRMフリー
  • ファイル形式: PDF, EPUB
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ソフトカバー ¥7,969
価格の適用国: Japan (日本円価格は個人のお客様のみ有効) (小計)
  • ISBN 978-981-10-5992-6
  • 個人のお客様には、世界中どこでも配送料無料でお届けします。
  • Usually dispatched within 3 to 5 business days.
この書籍について

This book presents an integrated overview and evidence, taking Japan as an example, on how international trade, especially with developing countries, affects labor market in developed countries, which has been keenly debated among international and labor economists since the late 1980s. The unique point of this book is that it integrates international trade and labor market into the same framework. The analysis includes both theory and empirical study. It especially pays attention to wage inequality between skilled and unskilled labor represented by nonproduction and production workers, and college graduates and high-school graduates. The estimation method used is to analyze input-output tables containing 55 manufacturing industries during the period 1995-2005, and to measure factor content of trade using these tables.
Main results are as follows: First, both relative wage and relative employment of nonproduction to production workers, and college graduates to high-school graduates increased as a trend since the 1980s, suggesting a relative demand shift toward skilled labor. Second, analysis using input-output tables revealed that employment reduction due to increased imports is greater in production workers than in nonproduction workers, and that employment increase due to increased exports is greater in nonproduction workers than in production workers, suggesting the comparative advantage being at work in line with the Heckscher-Ohlin-Samuelson model. Third, analysis using factor content of trade revealed that increased trade during 1995-2005 especially with Asian countries raised the relative wage of nonproduction to production workers in the aggregated manufacturing sector by 0.023 points (1.400 to 1.422), or by 1.6 percent in terms of rate of change. This estimation result suggests that increased trade in this period played a certain role in widening wage inequality between nonproduction to production workers. These results contribute to a deeper understanding of the effect of globalization on labor market in the field of economics. 

著者について

Kojiro Sakurai is a professor of economics at Senshu University and visiting scholar of the Research Institute of Capital Formation, Development Bank of Japan. His main areas of research are labor economics, international economics and Japanese economy. Born in 1956, Prof. Sakurai received a Bachelor’s degree in Economics from Hitotsubashi University in 1980, a Master’s degree in Economics from Yale University in 1984, and a Doctor’s degree in Economics from Hitotsubashi University in 2008. He was appointed Professor of Economics at Senshu University in 2007, after working for the Research Institute of Capital Formation, DBJ, as Chief Economist. 

Table of contents (5 chapters)

Table of contents (5 chapters)

書籍の購入

イーブック ¥6,375
価格の適用国: Japan (日本円価格は個人のお客様のみ有効) (小計)
  • ISBN 978-981-10-5993-3
  • ウォーターマーク付、 DRMフリー
  • ファイル形式: PDF, EPUB
  • どの電子書籍リーダーからでもすぐにお読みいただけます。
  • ご購入後、すぐにダウンロードしていただけます。
ソフトカバー ¥7,969
価格の適用国: Japan (日本円価格は個人のお客様のみ有効) (小計)
  • ISBN 978-981-10-5992-6
  • 個人のお客様には、世界中どこでも配送料無料でお届けします。
  • Usually dispatched within 3 to 5 business days.
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書誌情報

Bibliographic Information
Book Title
Trade and the Labor Market
Book Subtitle
Effect on Wage Inequality in Japan
Authors
Series Title
Development Bank of Japan Research Series
Copyright
2017
Publisher
Springer Singapore
Copyright Holder
Development Bank of Japan
イーブック ISBN
978-981-10-5993-3
DOI
10.1007/978-981-10-5993-3
ソフトカバー ISBN
978-981-10-5992-6
Series ISSN
2367-0967
Edition Number
1
Number of Pages
IX, 106
Number of Illustrations
1 b/w illustrations, 19 illustrations in colour
Topics