Market size and wages

被引:1
作者
Zhou, Yiming [1 ]
机构
[1] Jiangxi Univ Finance & Econ, Sch Int Trade & Econ, Nanchang 330013, Jiangxi, Peoples R China
基金
中国国家自然科学基金;
关键词
Market size; Wages; Middle-sized country;
D O I
10.1016/j.econlet.2018.11.015
中图分类号
F [经济];
学科分类号
02 ;
摘要
This paper builds a simple three-country model with different market sizes and non-constant wages. We shed light on the evolution patterns of wages in middle-sized countries in the process of trade liberalization. We analytically disclose that, while the wage inequality between the large and the small countries first diverges and then converges in trade liberalization, the evolution patterns of wages in the middle-sized country are largely diversified, depending on the relative market sizes of countries. (C) 2018 Elsevier B.V. All rights reserved.
引用
收藏
页码:153 / 156
页数:4
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