This book deals with the impact that international trade is likely to have on the skilled-unskilled wage gap in a typical developing economy. This is the first theoretical monograph on this particular issue which has already generated substantial debate and voluminous work for the developed countries. A unique feature of this work is that it tries to explain the possibility of rising inequality across trading nations and looks at the segmented labour markets of the poor economies. It makes convincing arguments that the standard general equilibrium models, the main workhorse of trade theory, can be given a creative facelift to address a number of critical and emerging issues in the area of trade and development.

First theoretical monograph on the impact of international trade on the skilled-unskilled wage gap in developing countries Includes supplementary material: sn.pub/extras

Autorentext

Noritsugu NAKANISHI: Noritsugu Nakanishi is a professor of economics and the current dean of the Graduate School of Economics, Kobe University, Japan. After receiving his Doctor of Economics degree from Kobe University in 1991, he joined the faculty of Kobe University as a lecturer and was promoted to full professor in 2004. He is a member of the Japan Society of International Economics (JSIE), which is an academic association of experts in international economics and related fields in Japan. He won the Kojima Kiyoshi Prize of the JSIE in 2014. In the JSIE, he has held various executive positions such as manager, secretary-general, and standing director over the years, and he was elected to serve as its president from 2016 through 2018. He now is an advisor of the JSIE. In his research, Dr. Nakanishi has been working both on general equilibrium analysis of international trade and welfare and on the applications of game theory to trade policy issues. He has authored two monographs: Theoretical Analysis of Trade Liberalization-Stepwise and Piecemeal Policies and Economic Welfare (Yuhikaku, 1993; in Japanese) and Game-Theoretic Analysis of Trade Policies Under Interdependent Circumstances: Applications of the Theory of Social Situations and the Stable Set Approach (Minerva Shobo, 2010; in Japanese). He also wrote and edited one English and two Japanese textbooks on international economics: The Essence of International Trade Theory (World Scientific, 2018; in English), International Economics-Trade Theory (Minerva Shobo, 2013; in Japanese), and Theory of International Economics (Yuhikaku, 2003; in Japanese). Other academic articles by Dr. Nakanishi can be found in such leading publications as the Journal of International Economics, Review of International Economics, International Economic Review, Games and Economic Behavior, and International Journal of Game Theory. Since 2010, Dr.Nakanishi and his colleagues have been engaged in two consecutive research projects that focus on the roles of time-zone differences in international trade. The first project was entitled "Fragmentation, Time Zones, and Their Dynamic Consequences," which was initiated and led by the late Professor Toru Kikuchi. It began in 2010 and lasted five years. After Prof. Kikuchi's passing in 2011, Dr. Nakanishi took over as project leader, continuing and bringing the project to complete. In 2016, he initiated a new five-year project entitled "Time Zones, Offshoring, Economic Growth and Dynamics." Both projects have been financially supported by the Japan Society for the Promotion of Science: Grant-in-Aid (A) 22243024 and Grant-in-Aid (A) 16H02016. Sugata MARJIT: Sugata Marjit, a Gold Medalist of Calcutta University, received his Ph.D. in Economics from the University of Rochester (U.S.A.) in 1985 under the supervision of Prof. Ronald W. Jones. He iscurrently the Reserve Bank of India Professor of Industrial Economics at the Centre for Studies in Social Sciences, Calcutta (CSSSC); External Fellow of The Leverhulme Centre for Globalization and Economic Policy at the University of Nottingham; Fellow of CES-Ifo, Munich, Germany; Project Director of the Centre for Training and Research in Public Finance and Policy, India; and a member of the State Planning and Public Policy Board, Government of West Bengal. He is a former vice chancellor of Calcutta University, former chairman of the State Council of Higher Education, and a former director of CSSSC. He received the Mahalanobis Gold Medal of the Indian Econometric Society and the VKRV Rao National Prize as a young social scientist, among only three to receive both awards. Recently he has been nominated as a distinguished (University-wide) visiting fellow of the Queen Mary University of London. He was a professor at the Indian Statistical Institute and the first Sukhamay Chakravorty Chair professor at the Jawaharlal Nehru University. He held visiting professorial positions at the Universities of

Inhalt
1: Introduction.- I Evidence and the Debate.- 2: Wages and Employment.- II Explaining Symmetric Wage-Gap.- 3: The Standard Trade Theory:How Far Does It Go?.- 4: Trade Liberalization and Symmetric Wage-Gap.- 5: Input Trade: An Alternative Explanation.- III Trade, Capital Flow and Employment.- 6: Liberalization and Employmentin the Organized Sector.- IV Trade Liberalization, Wage Inequality and Employment in the South.- 7: Diverse Trade Pattern,Complementarity and Fragmentation.- 8: Segmented Input Marketsand Non-Traded Good.- 9: Trade, Skill Formation and the Wage-Gap.- 10: Conclusion.- List of Figures.- List of Tables.