Best Paper Award

Winner of 2014 Best Paper Award of Pacific Economic Review

“Foreign Direct Investment, Non-Traded Goods and Real Wages” (Pacific Economic Review, 16 (1), 36-41)
by Reza Oladi (Utah State University), John Gilbert (Utah State University), and Hamid Beladi (University of Texas at San Antonio).

Abstract

Using a three-sector general equilibrium model with non-traded goods, we investigate the impact of foreign direct investment on the real wages of skilled and unskilled workers. We show that foreign direct investment increases the real wages of skilled and unskilled workers alike, but widens the gap between the two under plausible conditions.

About the Best Paper Award of Pacific Economic Review

All published papers are eligible for the newly established annual Best Paper Award, funded by the Hong Kong Economic Association (HKEA). The winner will receive a prize of US$1,000.

Each year, the Editorial Board will select the best paper published in PER based on scholarship and citation of the paper in the two years preceding the award.