淡江大學機構典藏:Item 987654321/18257
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    Please use this identifier to cite or link to this item: https://tkuir.lib.tku.edu.tw/dspace/handle/987654321/18257


    Title: Capital Flows, Vertical Multinationals, Wage Inequality, and Welfare
    Authors: Liang, Wen-jung;Mai, Chao-cheng
    Contributors: 淡江大學產業經濟學系
    Keywords: capital flow;income distribution;international trade;multinational enterprise;wage;Chile;Mexico;Taiwan;United States
    Date: 2003-11-01
    Issue Date: 2013-03-12 10:57:27 (UTC+8)
    Publisher: Chichester: Wiley-Blackwell Publishing Ltd.
    Abstract: Wage inequality between skilled and unskilled labor in the US and its trading partners, Mexico and Chile, has increased since 1980, while Taiwan's wage inequality has decreased since the mid-1980s. The authors provide a new explanation for the latter, involving a rise in capital flows from Taiwan to less-developed countries (LDCs) in the form of vertical multinationals (MNEs), and a corresponding rise in intermediate-good exports from the MNEs to subsidiaries in LDCs. Moreover, national income in both countries definitely improves.
    Relation: Review of Development Economics 7(4), pp.599-608
    DOI: 10.1111/1467-9361.00211
    Appears in Collections:[Graduate Institute & Department of Industrial Economics] Journal Article

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