Go to contents Go to footer Go to GNB
Industry

Wage inequality dynamics and trade exposure in South Korea

  • Wage inequality dynamics and trade exposure in South Korea
  • Karacaovali Baybars; Tabakis, Chrysostomos
  • [Honolulu, U.S.] : University of Hawaii at Manoa
Link
Resources Content Information Item Table
Title Wage inequality dynamics and trade exposure in South Korea
Author Karacaovali Baybars; Tabakis, Chrysostomos
Publisher [Honolulu, U.S.] : University of Hawaii at Manoa
Publication Date 2016 - 11
Material Type Report
Country South Korea Holding EconPapers
Language English License
Series Title Working papers

Abstract

South Korea has experienced a great U-turn in its inequality trends during the past few decades. In this paper, we explore the role of international trade in its wage inequality dynamics over the period 1998-2012, using a unique labor-related panel dataset. Our analysis reveals that most of the overall wage inequality occurs within sectors and educational groups rather than between sectors and educational groups. Moreover, we document that almost the entire aggregate wage inequality in both manufacturing and services occurs within different trade-exposure categories rather than between them. Finally, we demonstrate that a higher trade exposure in manufacturing is associated with less skill-biased technological change.

0 Comment

(0/400) byte
Back to top