Global Outsourcing and Wage Inequality in Middle-Income Countries

• 발행기관: 고려대학교 미래성장연구원
• 저자명: Hong shik Lee Soon hyung Sim
• 간행물 정보: 『미래성장연구소 Working Paper』2014 Working Paper, 1~33쪽, 전체 33쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2014.01.01

영문 초록

A substantial number of studies have suggested that global outsourcing can induce wage inequality. As Feenstra and Hanson (1996a) argued, global outsourcing is comparable to skill-biased technological change (SBTC) in that global outsourcing is more likely to increase the wage of skilled workers than that of unskilled ones. The present paper examines the effects of outsourcing on wage of skilled and unskilled workers in Korea’s manufacturing sector. In particular, this study determines whether outsourcing to developed countries (DCs) and less developed countries (LDCs) has opposite effects on relative wage in Korean labor market. The results of system and difference GMM estimation based on manufacturing data from 1992 to 2006 indicate that outsourcing to DCs and LDCs have opposite (and significant) effects on relative wage, that is, outsourcing to DCs (LDCs) reduces the wage of skilled (unskilled) workers.

목차

Abstract

1. Introduction

2. Global Outsourcing from Middle-Income Countries

3. Empirical Strategies

4. Data and Descriptive Statistics

5. Results

6. Conclusion

References

키워드

Global Outsourcing Wage Inequality Middle Income country System GMM