English, Article edition: Market integration between developing countries and urban unemployment-the perspective of the real minimum wage Yao-Tung Chen

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Bookmark: http://trove.nla.gov.au/version/51142
Physical Description
  • article
Language
  • English

Edition details

Title
  • Market integration between developing countries and urban unemployment-the perspective of the real minimum wage
Author
  • Yao-Tung Chen
Physical Description
  • article
Notes
  • This article examines the effect of market integration through free trade and factor mobility on the urban unemployment rate of a developing country whose economy is large enough to influence the terms of trade. From the perspective of the real minimum wage, it is shown that free trade would result in a rise or a decline in the country's urban unemployment rate, depending on its trade pattern. While the effect of labour mobility on a country's urban unemployment rate is determined by the difference between the ratio of would-be farmers to incoming workers and that of farm leavers to outgoing workers, the result of capital mobility will depend on a comparison of the initial urban unemployment rates of two countries.
  • RePEc:taf:applec:v:41:y:2009:i:19:p:2431-2447
Language
  • English
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