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The Skill Bias of the US Trade Deficit

Rosario Crinò and Paolo Epifani

in The Factory-Free Economy: Outsourcing, Servitization, and the Future of Industry

Published in print:
2017
Published Online:
April 2017
ISBN:
9780198779162
eISBN:
9780191824333
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198779162.003.0008
Subject:
Economics and Finance, Macro- and Monetary Economics

In Chapter 7, Crino and Epifani suggest that large and rising global trade imbalances (e.g. the US with China) have directly led to rising wage inequality in industrial countries. They argue that ... More


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