Capital accumulation, trade liberalization, and rising wage inequality: the case of Argentina
Capital accumulation can modify the relative productivity between skilled and unskilled workers, thus leading to changes in the wage structure. In particular, if capital goods are relatively more complementary to skilled workers in the production function (skill-biased technologies), a positive corr...
| Autores principales: | , |
|---|---|
| Formato: | Articulo Documento de trabajo |
| Lenguaje: | Inglés |
| Publicado: |
2004
|
| Materias: | |
| Acceso en línea: | http://sedici.unlp.edu.ar/handle/10915/3535 http://cedlas.econo.unlp.edu.ar/download.php?file=archivos_upload/doc_cedlas5.pdf |
| Aporte de: |
| id |
I19-R120-10915-3535 |
|---|---|
| record_format |
dspace |
| institution |
Universidad Nacional de La Plata |
| institution_str |
I-19 |
| repository_str |
R-120 |
| collection |
SEDICI (UNLP) |
| language |
Inglés |
| topic |
Economía wage inequality; capital accumulation; trade liberalization Argentina JEL: J31; F16; O33 Acumulación de capital Diferencias salariales Incentivos salariales |
| spellingShingle |
Economía wage inequality; capital accumulation; trade liberalization Argentina JEL: J31; F16; O33 Acumulación de capital Diferencias salariales Incentivos salariales Acosta, Pablo Gasparini, Leonardo Capital accumulation, trade liberalization, and rising wage inequality: the case of Argentina |
| topic_facet |
Economía wage inequality; capital accumulation; trade liberalization Argentina JEL: J31; F16; O33 Acumulación de capital Diferencias salariales Incentivos salariales |
| description |
Capital accumulation can modify the relative productivity between skilled and unskilled workers, thus leading to changes in the wage structure. In particular, if capital goods are relatively more complementary to skilled workers in the production function (skill-biased technologies), a positive correlation between investment in physical capital and the wage premium would be expected. In this paper we present evidence for this hypothesis by taking advantage of the variability in wage premia and capital investment across industries in the Argentine manufacturing sector. We conclude that the wage premium for workers with complete college education increased more in those industries with higher investment in machinery and equipment. As in Galiani and Sanguinetti (2003, in this journal), the wage premium also grew more in those sectors which faced strong import competition, although this effect is empirically less relevant than the capital accumulation effect. |
| format |
Articulo Documento de trabajo |
| author |
Acosta, Pablo Gasparini, Leonardo |
| author_facet |
Acosta, Pablo Gasparini, Leonardo |
| author_sort |
Acosta, Pablo |
| title |
Capital accumulation, trade liberalization, and rising wage inequality: the case of Argentina |
| title_short |
Capital accumulation, trade liberalization, and rising wage inequality: the case of Argentina |
| title_full |
Capital accumulation, trade liberalization, and rising wage inequality: the case of Argentina |
| title_fullStr |
Capital accumulation, trade liberalization, and rising wage inequality: the case of Argentina |
| title_full_unstemmed |
Capital accumulation, trade liberalization, and rising wage inequality: the case of Argentina |
| title_sort |
capital accumulation, trade liberalization, and rising wage inequality: the case of argentina |
| publishDate |
2004 |
| url |
http://sedici.unlp.edu.ar/handle/10915/3535 http://cedlas.econo.unlp.edu.ar/download.php?file=archivos_upload/doc_cedlas5.pdf |
| work_keys_str_mv |
AT acostapablo capitalaccumulationtradeliberalizationandrisingwageinequalitythecaseofargentina AT gasparinileonardo capitalaccumulationtradeliberalizationandrisingwageinequalitythecaseofargentina |
| bdutipo_str |
Repositorios |
| _version_ |
1764820471096803332 |