000			01615nas a2200229Ia 4500
008			250101c99999999xx |||||||||||| ||und||
022			_a0015-7325
100			_aDutta, Priya Brata _9124341
245		0	_aImpact of Trade Liberalisation on Wage Inequality and Skill Formation: A Theoretical Analysis
260			_bForeign Trade Review
260			_c2024
300			_a501-533
520			_aWe consider a small open economy with three sector and four factors. Agricultural sector produces output with unskilled labour and land. Manufacturing sector and skill formation sector produce output with skilled labour and capital. Skill formation sector transforms the unskilled labour into skilled labour. We also consider an extended version of this model where agricultural sector also uses capital. So capital is mobile between all three sectors. Both change in the price of manufacturing sector and capital stock alter skill formation in a similar direction. But change in the price of manufacturing sector leads to change in skilled-unskilled wage inequality in the same direction whereas due to change in capital stock it changes in opposite direction. In our extended study, where capital is mobile between all three sectors, the results of the basic model are unaltered.
650			_a Skill Formation _9103126
650			_a Skilled Labour _976984
650			_a Trade Liberalisation _926094
650			_a Unskilled Labour _997680
650			_a Wage Inequality _9105705
650			_aGeneral Equilibrium _91721
700			_a Saha, Niladri _9124342
856			_uhttps://doi.org/10.1177/00157325231166243
999			_c134744 _d134744