Global Supply Chains and Wage Inequality
Name
Costinot_Global Supply.pdf
Size
1.21 MB
Format
Adobe PDF
Checksum (MD5)
41a8b2f142e4378862280cc3add873c1
Author(s)
Costinot, Arnaud
Vogel, Jonathan
Wang, Su
Date Issued
May 2012
Journal
American Economic Review
Publisher
American Economic Association
Citation
Costinot, Arnaud, Jonathan Vogel, and Su Wang. “Global Supply Chains and Wage Inequality.” American Economic Review 102.3 (2012): 396–401. © 2012 AEA
Version
Final published version
Abstract
A salient feature of globalization in recent decades is the emergence of "global supply chains" in which different countries specialize in different stages of a sequential production process. In Costinot, Vogel and Wang (2011) (CVW hereafter), we have developed a simple theory of trade with sequential production to shed light on how global supply chains affect the interdependence of nations. In this paper we develop a multi-factor extension of CVW to explore how the emergence of global supply chains may affect wage inequality within countries
MIT Department
Massachusetts Institute of Technology. Department of Economics
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Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use.
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DOI of Published Version
https://doi.org/10.1257/aer.102.3.396
