Non-traded Goods,Technical Progress and Wages |
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Authors: | Reza Oladi Hamid Beladi |
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Institution: | (1) Department of Economics, Utah State University, 3530 Old Main Hill, Logan, UT 84322-3530, USA;(2) Department of Economics, University of Texas at San Antonio, San Antonio, TX, USA |
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Abstract: | We use a general equilibrium model of trade to show that technical improvement may indeed cause a fall in the wages of unskilled
workers. Under some modest conditions, the wages of skilled workers may go down too.
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Keywords: | Non-traded goods Technical progress and wages |
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