Trade policy and wage inequality in Chile since the 1990s
Includes bibliography
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2014
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oai-11362-40722020-03-11T18:59:13Z Trade policy and wage inequality in Chile since the 1990s Murakami, Yoshimichi POLITICA COMERCIAL LIBERALIZACION DEL INTERCAMBIO CONDICIONES ECONOMICAS SALARIOS IGUALDAD DE REMUNERACION DISTRIBUCION DEL INGRESO DATOS ESTADISTICOS TRADE POLICY TRADE LIBERALIZATION ECONOMIC CONDITIONS WAGES EQUAL PAY INCOME DISTRIBUTION STATISTICAL DATA Includes bibliography Using the results of seven nationally and regionally representative household surveys, this study analyzes the impact of trade liberalization on wage inequality through a channel in which applied tariffs, owing to the preferential margin given under numerous preferential trade agreements, would affect industry wage premiums during the 1992-2006 period in Chile. I find the skill premiums for high-skilled workers there to have decreased, especially after 2000; this circumstance is unlike that seen in most other Latin American countries or during Chile's initial reform period. The results of econometric analyses show that industries which experienced larger tariff reductions were those with initially higher shares of low-skilled workers and lower industry wage premiums, and a statistically significant negative relationship between applied tariffs and industry wage premiums, that is, tariff reductions contributed to an increase in initially lower industry wage premiums. However, the impacts of applied tariffs on industry wage premiums disappear, after controlling for unobservable timeinvariant industry characteristics during the 2000-2006 period. Thus, I find no statistically significant relationship between applied tariffs and industry wage premiums. The findings suggest that, unlike a theoretical assumption that tariff reduction-induced productivity improvements lead to increases in industry wage premiums, industries with initially higher productivity tend to have lower applied tariffs and higher wage premiums in such a short time-period. Therefore, I cannot conclude that bi- or multilateral trade liberalization during this period has contributed to wage equalization through a channel in which applied tariffs affect industry wage premiums. Introduction. -- Literature review .-- Trade policy in Chile, 1992-2006: from "unilateral" to "reciprocal" trade liberalization .-- Wage premiums in Chile, 1992-2006 (first-stage estimation) .-- Impacts of trade policy on wage inequality (second-stage estimation) -- Conclusions. 2014-01-02T15:22:00Z 2014-01-02T15:22:00Z 2013-04 Texto Documento Completo http://hdl.handle.net/11362/4072 LC/W.518 en Documentos de Proyectos 518 application/pdf CHILE CHILE ECLAC |
| institution |
Cepal |
| collection |
Cepal |
| language |
English |
| topic |
POLITICA COMERCIAL LIBERALIZACION DEL INTERCAMBIO CONDICIONES ECONOMICAS SALARIOS IGUALDAD DE REMUNERACION DISTRIBUCION DEL INGRESO DATOS ESTADISTICOS TRADE POLICY TRADE LIBERALIZATION ECONOMIC CONDITIONS WAGES EQUAL PAY INCOME DISTRIBUTION STATISTICAL DATA |
| spellingShingle |
POLITICA COMERCIAL LIBERALIZACION DEL INTERCAMBIO CONDICIONES ECONOMICAS SALARIOS IGUALDAD DE REMUNERACION DISTRIBUCION DEL INGRESO DATOS ESTADISTICOS TRADE POLICY TRADE LIBERALIZATION ECONOMIC CONDITIONS WAGES EQUAL PAY INCOME DISTRIBUTION STATISTICAL DATA Murakami, Yoshimichi Trade policy and wage inequality in Chile since the 1990s |
| description |
Includes bibliography |
| format |
Texto |
| author |
Murakami, Yoshimichi |
| author_facet |
Murakami, Yoshimichi |
| author_sort |
Murakami, Yoshimichi |
| title |
Trade policy and wage inequality in Chile since the 1990s |
| title_short |
Trade policy and wage inequality in Chile since the 1990s |
| title_full |
Trade policy and wage inequality in Chile since the 1990s |
| title_fullStr |
Trade policy and wage inequality in Chile since the 1990s |
| title_full_unstemmed |
Trade policy and wage inequality in Chile since the 1990s |
| title_sort |
trade policy and wage inequality in chile since the 1990s |
| publisher |
ECLAC |
| publishDate |
2014 |
| url |
http://hdl.handle.net/11362/4072 |
| work_keys_str_mv |
AT murakamiyoshimichi tradepolicyandwageinequalityinchilesincethe1990s |
| _version_ |
1718439129675464704 |