Opening the Pandora’s Box – Liberalised Input Trade and Wage Inequality with Non-traded Goods and Segmented Unskilled Labour Markets

Show simple item record

dc.contributor.author Soumyatanu, Mukherjee
dc.date.accessioned 2017-06-12T04:57:05Z
dc.date.available 2017-06-12T04:57:05Z
dc.date.issued 2016-07
dc.identifier.uri http://hdl.handle.net/2259/940
dc.description.abstract This paper, using a full-employment general equilibrium model for a developing Asian country like India with internationally non-traded goods and international fragmentation in skill-intensive production, illuminates how liberalised input trade, by enhancing demand for skills in the skill-intensive service sectors, could affect the unskilled wages prevailing in the informal sectors and employment conditions in those sectors, through the existence of finished non-tradable and the corresponding domestic demand-supply forces. The model economy is characterised by dual unskilled labour market with unionised formal and nonunionised informal sectors. Quantitative analyses have also been performed to simulate how the changes in elasticities of factor substitution in production of different sectors account for the movement in informal wage and therefore the movement in skilled–unskilled wage gap. Therefore, the relative wage inequality in a developing Asian country like India with dual labour markets has not been governed only by the increase in the skilled wages. en_US
dc.language.iso en en_US
dc.publisher University of Nottingham en_US
dc.subject Input trade reform en_US
dc.subject non-traded goods en_US
dc.subject informal wage en_US
dc.subject informal employment en_US
dc.subject wage inequality en_US
dc.subject general equilibrium en_US
dc.subject India en_US
dc.title Opening the Pandora’s Box – Liberalised Input Trade and Wage Inequality with Non-traded Goods and Segmented Unskilled Labour Markets en_US
dc.type Working Paper en_US


Files in this item

This item appears in the following Collection(s)

  • 2016 [9]
    Working Papers Published in the year 2016

Show simple item record

Search DSpace


Browse

My Account