Skills, Exports, and the Wages of Seven Million Latin American Workers
The returns to schooling and the skill premium are key parameters in various fields and policy debates, including the literatures on globalization and inequality, international migration, and technological change. This paper explores the skill premium and its correlation with exports in Latin Americ...
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okr-10986-153062021-04-23T14:03:21Z Skills, Exports, and the Wages of Seven Million Latin American Workers Brambilla, Irene Dix-Carneiro, Rafael Lederman, Daniel Porto, Guido brain drain cross-industry regressions domestic markets employment household surveys income distribution income inequality industry characteristics industry wage international migration labor mobility skill premium skill premiums skilled workers union membership unskilled workers wage differentials wage premium Workers working conditions The returns to schooling and the skill premium are key parameters in various fields and policy debates, including the literatures on globalization and inequality, international migration, and technological change. This paper explores the skill premium and its correlation with exports in Latin America, thus linking the skill premium to the emerging literature on the structure of trade and development. Using data on employment and wages for over seven million workers from sixteen Latin American economies, the authors estimate national and industry-specific returns to schooling and skill premiums and study some of their determinants. The evidence suggests that both country and industry characteristics are important in explaining returns to schooling and skill premiums. The analyses also suggest that the incidence of exports within industries, the average income per capita within countries, and the relative abundance of skilled workers are related to the underlying industry and country characteristics that explain these parameters. In particular, sectoral exports are positively correlated with the skill premium at the industry level, a result that supports recent trade models linking exports with wages and the demand for skills. 2013-08-22T21:14:40Z 2013-08-22T21:14:40Z 2012-01-18 Journal Article World Bank Economic Review 1564-698X doi:10.1093/wber/lhr020 http://hdl.handle.net/10986/15306 en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank World Bank Journal Article Latin America |
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World Bank |
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en_US |
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brain drain cross-industry regressions domestic markets employment household surveys income distribution income inequality industry characteristics industry wage international migration labor mobility skill premium skill premiums skilled workers union membership unskilled workers wage differentials wage premium Workers working conditions |
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brain drain cross-industry regressions domestic markets employment household surveys income distribution income inequality industry characteristics industry wage international migration labor mobility skill premium skill premiums skilled workers union membership unskilled workers wage differentials wage premium Workers working conditions Brambilla, Irene Dix-Carneiro, Rafael Lederman, Daniel Porto, Guido Skills, Exports, and the Wages of Seven Million Latin American Workers |
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Latin America |
description |
The returns to schooling and the skill premium are key parameters in various fields and policy debates, including the literatures on globalization and inequality, international migration, and technological change. This paper explores the skill premium and its correlation with exports in Latin America, thus linking the skill premium to the emerging literature on the structure of trade and development. Using data on employment and wages for over seven million workers from sixteen Latin American economies, the authors estimate national and industry-specific returns to schooling and skill premiums and study some of their determinants. The evidence suggests that both country and industry characteristics are important in explaining returns to schooling and skill premiums. The analyses also suggest that the incidence of exports within industries, the average income per capita within countries, and the relative abundance of skilled workers are related to the underlying industry and country characteristics that explain these parameters. In particular, sectoral exports are positively correlated with the skill premium at the industry level, a result that supports recent trade models linking exports with wages and the demand for skills. |
format |
Journal Article |
author |
Brambilla, Irene Dix-Carneiro, Rafael Lederman, Daniel Porto, Guido |
author_facet |
Brambilla, Irene Dix-Carneiro, Rafael Lederman, Daniel Porto, Guido |
author_sort |
Brambilla, Irene |
title |
Skills, Exports, and the Wages of Seven Million Latin American Workers |
title_short |
Skills, Exports, and the Wages of Seven Million Latin American Workers |
title_full |
Skills, Exports, and the Wages of Seven Million Latin American Workers |
title_fullStr |
Skills, Exports, and the Wages of Seven Million Latin American Workers |
title_full_unstemmed |
Skills, Exports, and the Wages of Seven Million Latin American Workers |
title_sort |
skills, exports, and the wages of seven million latin american workers |
publisher |
World Bank |
publishDate |
2013 |
url |
http://hdl.handle.net/10986/15306 |
_version_ |
1764430980976738304 |