Trade, wages, and the specific factors model: empirical evidence from manufacturing industries in Ghana

Akay, Gokhan H.

doi:10.1007/s11123-008-0116-4

J Prod Anal

2008

DOI: 10.1007/s11123-008-0116-4

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Trade, wages, and the specific factors model: empirical evidence from manufacturing industries in Ghana

Gokhan H. Akay

Abstract: Specific factors model, Wages, Terms of trade, Elasticity of substitution, F1, F16,

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2012

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Cited by 2 publications

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“…13 13 In his Ph.D. dissertation at the University of Houston, Akay (2005) has measured this bias for several industries in selected African countries. …”

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confidence: 99%

Trade and Wages: a Deeper Investigation

Jones

Ruffin

2007

Rev International Economics

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A new presentation of the specific factors model shows how labor fares under international trade by considering how the price elasticity of the nominal wage rate responds to the terms of trade as well as factor endowments. The key empirical implication is that under a standard assumption about tastes it is straightforward to decompose the gains to labor into measurable terms of trade effects and production bias effects. This provides the basis for suggested time series studies contrasting the specific factors model with the Heckscher-Ohlin model. We then perform a new theoretical analysis of the specific factors model to compare how labor fares under autarky and free trade. Copyright � 2007 The Authors.

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“…13 13 In his Ph.D. dissertation at the University of Houston, Akay (2005) has measured this bias for several industries in selected African countries. …”

mentioning

confidence: 99%

Trade and Wages: a Deeper Investigation

Jones

Ruffin

2007

Rev International Economics

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show abstract

Trade and factor returns: Empirical evidence from U.S. economy

Akay

2012

International Review of Economics & Finance

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Trade, wages, and the specific factors model: empirical evidence from manufacturing industries in Ghana

Abstract: Specific factors model, Wages, Terms of trade, Elasticity of substitution, F1, F16,

Cited by 2 publications

References 22 publications

Trade and Wages: a Deeper Investigation

Trade and Wages: a Deeper Investigation

Trade and factor returns: Empirical evidence from U.S. economy

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