Recent evidence shows that the returns to labor and the skill premium both increase in developing countries after trade liberalization, despite the low skill content of their exports. The author explains this apparent puzzle by arguing that trade increases technology transfers from industrial to developing countries and that the transfer technology is biased in favor of skilled labor. The relative demand for skilled labor increases during the transition...
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INFORMATION
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1997/01/01
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Article de revue
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77240
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1
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1
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2013/05/14
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Disclosed
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Learning by trading and the returns to human capital in developing countries
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skilled labor
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