Globalization and firm level adjustment with imperfect labor markets

被引：90
|
作者：
Davidson, Carl [1 ,2 ]
Matusz, Steven J. [1 ,2 ]
Shevchenko, Andrei [1 ]
机构：
[1] Michigan State Univ, Dept Econ, E Lansing, MI 48824 USA
[2] Univ Nottingham, GEP, Nottingham NG7 2RD, England
来源：
JOURNAL OF INTERNATIONAL ECONOMICS | 2008年 / 75卷 / 02期
关键词：
search; heterogeneity; globalization; imperfect persistence;
D O I：
10.1016/j.jinteco.2008.02.004
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
in a model with search generated unemployment and heterogeneity on both sides of the labor market, exporting firms are bigger and pay higher wages than other firms. Moreover, there is imperfect persistence in the decision to export and liberalization increases the wage gap between high- and low-skill workers. Openness can increase aggregate productivity in export-oriented markets while generating within-firm productivity losses for the weakest firms. In contrast, openness can lead to within-firm productivity gains for the weakest firms in import-competing industries. (C) 2008 Elsevier B.V. All rights reserved.
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页码：295 / 309
页数：15
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