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Does Globalization Lower Wages and Export Jobs?

Author

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  • Mr. Matthew J. Slaughter
  • Mr. Phillip L Swagel

Abstract

Increased globalization - the international integration of markets for goods, technology, labor, and capital - has coincided in the past 20 years with a shift in demand from less-skilled workers to those with more skills. Have imports from developing countries been responsible for the lowered wages of the unskilled, increased unemployment, and widened income inequality in the more advanced countries? This paper finds that a more important influence on labor markets during these years has been a technology-driven shift in labor demand.

Suggested Citation

  • Mr. Matthew J. Slaughter & Mr. Phillip L Swagel, 1997. "Does Globalization Lower Wages and Export Jobs?," IMF Economic Issues 1997/007, International Monetary Fund.
    • Handle: RePEc:imf:imfeci:1997/007
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    Citations

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    Cited by:

    1. Ajit Singh & Ann Zammit, 2019. "Globalisation, labour standards and economic development," Chapters, in: Jonathan Michie (ed.), The Handbook of Globalisation, Third Edition, chapter 12, pages 202-224, Edward Elgar Publishing.
    2. Chatzivgeri, Eleni & Mumtaz, Haroon & Tavasci, Daniela & Ventimiglia, Luigi, 2019. "Common and country specific factors in the distribution of real wages," Economics Letters, Elsevier, vol. 184(C).
    3. Martus, Bettina, 2015. "Should We Increase Economic Growth or Boost Employment? – The problem of American economic growth," Public Finance Quarterly, Corvinus University of Budapest, vol. 60(2), pages 249-269.
    4. rotariu, ilie, 2000. "Tourism as Mass-media: a suitable global Tool acting locally - a possible Option to appraise the European Heritage on the 21st Century," MPRA Paper 5710, University Library of Munich, Germany, revised 2007.
    5. Singh, Ajit, 2005. "The Doha development agenda: what special and differential treatment?," MPRA Paper 53438, University Library of Munich, Germany.
    6. Temkin Benjamin & Veizaga Jorge, 2010. "The Impact of Economic Globalization on Labor Informality," New Global Studies, De Gruyter, vol. 4(1), pages 1-33, August.

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