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openness and Industry Pay Inequality Analysis 2022

Investigating the impact of free trade on labor-market problems for low-wage OECD workers using the Heckscher-Ohlin model and regression analysis.

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Added on  2022-09-29

openness and Industry Pay Inequality Analysis 2022

Investigating the impact of free trade on labor-market problems for low-wage OECD workers using the Heckscher-Ohlin model and regression analysis.

   Added on 2022-09-29

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Runing head: ECONOMICS
Economics
Name of the Student
Name of the University
Course ID
openness and Industry Pay Inequality Analysis 2022_1
ECONOMICS1
Table of Contents
Openness and Industry Pay Inequality.......................................................................................2
Correlation estimation openness and Industry Pay Inequality...................................................2
Stolper-Samuelson Theorem......................................................................................................3
References..................................................................................................................................6
openness and Industry Pay Inequality Analysis 2022_2
ECONOMICS2
Openness and Industry Pay Inequality
Figure 1: Openness and Industry Pay Inequality in Australia
Figure 2: Openness and Industry Pay Inequality in Singapore
Correlation estimation openness and Industry Pay Inequality
Analysis of correlation helps to understand the extent of relationship between two
variables. If the estimated coefficient is positive then it indicates a direct relationship
between the concerned variables. A negative correlation coefficient in contrast suggests an
openness and Industry Pay Inequality Analysis 2022_3

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