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http://www.chass.utoronto.ca/~trefler/w8446.pdf
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Abstract:
The trade-and-wages debate has settled comfortably into what Sherlock Holmes might have called ‘the 20 % solution. ’ Using a variety of methodologies, many researchers have demonstrated that international trade accounts for no more than a fifth of the rising in-equality experienced by the United States in the last two decades e.g., Feenstra and Hanson (1996a), Borjas et al. (1997), and Baldwin and Cain (2000). As American academic interest in the debate wanes, it is easy to forget that the trade-and-wages debate does not stop at the U.S. border. As some of the demonstrators in Geneva, Seattle, and Québec City remind us,
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