Panel session IV : skill development for better labor market outcomes


On the one hand, the Stolper-Samuelson (SS) corollary of the Heckscher-Ohlin theorem predicts that both trade and FDI should take advantage of the abundance of low-skilled labour in DCs and so imply an increasing demand for domestic low skilled labour and hence decreasing within-country wage dispersion and income inequality (Wood, 1994 and 1997; for a… (More)


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