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Author Brenton, Paul ♦ Pinna, Anna Maria
Source CiteSeerX
Content type Text
File Format PDF
Subject Domain (in DDC) Computer science, information & general works ♦ Data processing & computer science
Subject Keyword Export Price ♦ Wage Debate ♦ Disaggregated Import ♦ Pure Price ♦ Intensive Use ♦ Export Unit ♦ Detailed Domestic Data ♦ Import Price ♦ Skilled Product ♦ Unit Value ♦ Engineering Product ♦ Unskilled Intensive Product ♦ European Country ♦ Unskilled Labour ♦ Initial Bundle ♦ Sectoral Import ♦ Unskilled Sector ♦ Domestic Labour Market ♦ Adverse Relative Price Movement ♦ Standard Index Number
Abstract We consider more carefully the evidence from traded prices (as proxied by unit values) concerning the transmission of the effects of globalisation to domestic labour markets. Using standard index number techniques we decompose changes in sectoral import and export unit values into movements due to changes in pure prices of the initial bundle of goods and changes due to upgrading of the bundle imported. Looking at the imports of selected European countries of textiles, clothing and footwear relative to engineering products we find evidence of strongly falling pure prices of the unskilled intensive products relative to the skilled products in the 1980s. This reinforces the view that import prices capture the impact of globalisation in terms of adverse relative price movements for products produced with the intensive use of unskilled labour. However, the trends are not common across all the unskilled sectors; footwear is clearly an exception. In the absence of detailed domestic data, we look for reactions by
Educational Role Student ♦ Teacher
Age Range above 22 year
Educational Use Research
Education Level UG and PG ♦ Career/Technical Study