The Official Journal of the Pan-Pacific Association of Input-Output Studies (PAPAIOS)
Table 12 (Scenario A3:S1–S3) Observed change (%) in economy-wide wage rates of various categories of labour due to 50% tariff cut
Segmented labour market-2 | |||
|---|---|---|---|
\(\sigma_{j}^{LD} = 0. 2\) | \(\sigma_{j}^{LD} = 1. 2\) | \(\sigma_{j}^{LD} = 2. 5\) | |
Labour type | Wage rate W | Wage rate W | Wage rate W |
IRL | 6.93 | 1.68 | − 0.14 |
FRL | − 16.48 | − 8.50 | − 6.14 |
CL | 9.60 | 1.86 | − 0.15 |