Introduction

David Greenaway, Richard Upward and Katharine Wakelin
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David Greenaway: University of Nottingham
Katharine Wakelin: University of Nottingham

Chapter 1 in Trade, Investment, Migration and Labour Market Adjustment, 2002, pp 1-6 from Palgrave Macmillan

Abstract: Abstract One of the most celebrated and widely cited theorems in the international trade literature is the Stolper-Samuelson theorem. In fact the theorem is so celebrated that a special volume of papers honouring its fiftieth anniversary was published (Deardorff and Stern (1994)). As any student of international trade knows, this is a theorem about the relationship between trade and relative factor rewards. Given its centrality and longevity, it is remarkable that for so long the links between trade and factor rewards received so little attention, either from trade economists or labour economists.

Keywords: Trade Liberalisation; Skilled Labour; Unskilled Worker; Relative Wage; Wage Rigidity (search for similar items in EconPapers)
Date: 2002
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DOI: 10.1057/9781403920188_1

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