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Título: | Firms’ Main Market, Human Capital, and Wages |
Fecha de publicación: | abr-2009 |
Fecha de defensa / creación: | abr-2009 |
Editorial: | Departamento de Fundamentos del Analisis Economico |
Materias relacionadas: | CDU::3 - Ciencias sociales::33 - Economía |
Palabras clave: | Wage inequality International trade Alchian Allen effect Vertical differentiation |
Resumen: | This paper contributes to the recent literature on the exporter wage premium. The literature has focused on an exporter/non-exporter dichotomy. Instead, this paper provides first evidence that there is a more continuous destination-market effect. Using Spanish data, we estimate wage premia for establishments selling to the national, European Union, and rest of the world markets (wages in local-market establishments are the reference). Controlling for worker and establishment characteristics, output-market wage premia are increasing in market remoteness and employee education. Establishment human capital is also increasing in output-market remoteness. On the theoretical side, the paper builds a model predicting that firms selling to more-remote markets employ higher human capital and pay higher wages to employees within each education group. The channel linking these variables is firms’ endogenous choice of quality. The model provides a potential explanation for the empirical results in the paper, which is consistent with the evidence on the positive relationship between output-market remoteness and quality of exports put forward by recent trade literature. |
Autor/es principal/es: | Alcalá, Francisco Hernández, Pedro Jesús |
Facultad/Departamentos/Servicios: | Departamentos y Servicios::Departamentos de la UMU::Fundamentos del Análisis Económico |
URI: | http://hdl.handle.net/10201/4102 |
Tipo de documento: | info:eu-repo/semantics/article |
Número páginas / Extensión: | 29 |
Derechos: | info:eu-repo/semantics/openAccess |
Aparece en las colecciones: | Informes o documentos de trabajo |
Ficheros en este ítem:
Fichero | Descripción | Tamaño | Formato | |
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Pedro.2009-02.pdf | 342,52 kB | Adobe PDF | Visualizar/Abrir |
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