Wage differentials and trade relationships in Jamaica: applications of truncated regression models and repeated cross-section data

Type Conference Paper - 2001 Annual meeting, August 5-8, Chicago, IL
Title Wage differentials and trade relationships in Jamaica: applications of truncated regression models and repeated cross-section data
Author(s)
Publication (Day/Month/Year) 2001
City Chicago
Country/State Illinois
URL http://ageconsearch.umn.edu/bitstream/20475/1/sp01sc04.pdf
Abstract
Labor and skill premiums and their relationships with trade measures are simultaneously estimated within the framework of an individual level labor supply model for Jamaica using truncated regression models. Increased imports from the US were found to reduce the return to unskilled labor, and increase the skill premium in Jamaica. Increased exports to the US had the opposite effects on returns to Jamaican skilled and unskilled labor.

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