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International competition, slim firms and wage inequality

机译:国际竞争,苗条企业和工资不平等

摘要

A country with Cournot competition and free entry experiences an increase of its market size either due to economic growth or international integration of goods markets. The implied increase in competition leads to shrinking mark-ups and forces firms to reduce overhead costs relative to output. This implies a reallocation at the aggregate level from administrative to productive activities. Relative factor rewards change and wage inequality increases. The factor losing in relative terms can even lose in real terms. From a quantitative perspective, international competition is shown to be the more plausible cause of rising wage inequality.
机译:由于经济增长或商品市场的国际一体化,具有古诺竞争和自由进入的国家的市场规模有所增加。竞争的隐含增长导致加价幅度缩小,并迫使企业降低相对于产出的间接成本。这意味着从行政活动到生产活动的总体层次上的重新分配。相对因素奖励变化,工资不平等加剧。相对损失的因素甚至可能实际损失。从数量上看,国际竞争被证明是工资不平等加剧的更合理的原因。

著录项

  • 作者

    Waelde Klaus; Weiss Pia;

  • 作者单位
  • 年度 2004
  • 总页数
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类

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