Publication
Title
Catching-up, structural transformation, and inequality : industry-level evidence from Asia
Author
Abstract
This article empirically investigates the effect of structural transformation on wage inequality in Asia, using industry-level data for three skill groups of workers. While structural transformation, associated with technological progress, productivity catching-up, and capital deepening, has contributed to Asias sustained growth, its effect on income inequality remains uncertain. Our results show that the process of economic transformation has exacerbated inequality in the region by increasing the relative share of high-skilled workers in total compensation. This is mainly due to a shift toward more productiveand more intensive in the use of skilled laboractivities both within and between industries. However, we also find that policy responses, especially investments in education, mitigate the increase in inequality.
Language
English
Source (journal)
Industrial and corporate change. - Oxford
Publication
Oxford : 2016
ISSN
0960-6491
Volume/pages
(2016), p. 1-28
Medium
E-only publicatie
Full text (Publishers DOI)
Full text (open access)
The author-created version that incorporates referee comments and is the accepted for publication version Available from 11.10.2018
UAntwerpen
Faculty/Department
Research group
Publication type
Subject
Affiliation
Publications with a UAntwerp address
External links
Record
Identification
Creation 11.10.2016
Last edited 22.11.2016
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