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North–South Trade and Occupational Wages: Some Evidence from North America
Author(s) -
Reinert Kenneth A.,
RolandHolst David W.
Publication year - 1998
Publication title -
review of international economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.513
H-Index - 58
eISSN - 1467-9396
pISSN - 0965-7576
DOI - 10.1111/1467-9396.00088
Subject(s) - economics , wage , applied general equilibrium , free trade , general equilibrium theory , empirical evidence , free trade agreement , real wages , agriculture , liberalization , international economics , labour economics , macroeconomics , geography , market economy , philosophy , epistemology , archaeology
The issue of trade and wages in general, and of North–South trade and wages in particular, has recently received a great deal of attention by economists and public policy analysts. This paper offers some empirical evidence of the effects of North–South trade on occupational wages in North America. Using a detailed, applied general equilibrium model, results are obtained indicating that it is possible for trade liberalization among the North American countries to entail real wage benefits for most occupational groups in all three countries. An exception to this general pattern is the case of agricultural laborers in Mexico.