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Globalization and U.S. Wages: Modifying Classic Theory to Explain Recent Facts

机译:全球化与美国工资:修改经典理论以解释最新事实

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摘要

The last 10 to 15 years have seen dramatic changes in globalization and technology juxtaposed with dramatic changes in U.S. earnings: Have the former been driving the latter? Back in the mid-1990s, most research found that the effect of trade on U.S. wages was relatively minor; for example, this was the tenor of a three-paper symposium on "Income Inequality and Trade" in the Summer 1995 issue of this journal. But since the mid-1990s, globalization has taken some new forms: China, for example, was barely on the global economic map in 1995. The patterns of inequality and wages have taken new forms, too. Thus, earlier conclusions are being reconsidered. For example, Nobel laureate Paul Krugman had found in his earlier research on trade and wages, like most others, that the impact of trade on U.S. earnings had been small. But in Krugman (2008), he now conjectures that past might not be prologue: "It's no longer safe to assert that trade's impact on the income distribution in wealthy countries is fairly minor. There's a good case that it is big, and getting bigger."
机译:在过去的10到15年中,全球化和技术发生了巨大变化,而美国收入发生了巨变,这与技术并存:前者是否推动了后者?早在1990年代中期,大多数研究发现贸易对美国工资的影响相对较小;例如,这是该期刊1995年夏季刊中三篇关于“收入不平等与贸易”的研讨会的主题。但是自1990年代中期以来,全球化采取了一些新形式:例如,中国在1995年才刚刚进入全球经济地图。不平等和工资的格局也采取了新形式。因此,正在重新考虑较早的结论。例如,诺贝尔奖获得者保罗·克鲁格曼(Paul Krugman)像大多数其他人一样,在早期的贸易和工资研究中发现,贸易对美国收入的影响很小。但是在克鲁格曼(Krugman,2008年)中,他现在推测过去可能不会成为序幕:“断定贸易对富裕国家收入分配的影响相当小,这已经不再是安全的了。有一个很好的例子,那就是贸易规模很大,而且会越来越大。”

著录项

  • 来源
    《The journal of economic perspectives》 |2012年第2期|p.119-139|共21页
  • 作者单位

    Economics, Imperial College Business School, Imperial College London, England;

    International Trade and Investment, Kennedy School of Government, Harvard University, Cambridge,Massachusetts;

    Economics and Professor of Statistics, University of California at Los Angeles, Los Angeles,California;

    Management, Tuck School of Business, Dartmouth College, Hanover, New Hampshire;

  • 收录信息 美国《科学引文索引》(SCI);美国《化学文摘》(CA);
  • 原文格式 PDF
  • 正文语种 eng
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