Title
Structural change and wage inequality in the manufacturing sector: long run evidence from East AsiaStructural change and wage inequality in the manufacturing sector: long run evidence from East Asia
Author
Faculty/Department
Institute of Development Policy and Management
Research group
Development processes, actors and policies
Publication type
article
Publication
Oxford,
Subject
Sociology
Economics
Source (journal)
Oxford development studies. - Oxford
Volume/pages
43(2015):2, p. 212-231
ISSN
1360-0818
Carrier
E
Target language
English (eng)
Full text (Publishers DOI)
Affiliation
University of Antwerp
Abstract
This paper analyses the long run determinants of wage inequality in the manufacturing sector for a group of East Asian countries that have experienced rapid structural transformations in recent decades. In line with the skill biased technological change hypothesis, our results show that within manufacturing structural change which fosters the participation of higher skilled workers is a strong determinant of the wage premium. However, the paper also highlights an unusual feature of the East Asian model, showing how well-designed education policies, prudent macroeconomic management and selective policies towards foreign capital can help to buffer the pressure of structural change on wage inequality, even in an open economy context.
E-info
https://repository.uantwerpen.be/docman/iruaauth/cf9e06/b81bc53ce54.pdf
Handle