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Economics Research International
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Special Issues
Economics Research International
/
2011
/
Article
/
Tab 3
/
Research Article
The Elasticity of Substitution and the Sector Bias of International Outsourcing
Table 3
Percentage change of relative high-skilled wages.
International outsourcing scenario
Percentage change in relative high-skilled wages
𝜑
𝑌
𝐿
>
0
𝑤
𝐻
−
𝑤
𝐿
=
−
2
.
0
3
𝜑
𝑌
𝐻
>
0
𝑤
𝐻
−
𝑤
𝐿
=
−
.
6
5
𝜑
𝑋
𝐿
>
0
𝑤
𝐻
−
𝑤
𝐿
=
1
.
0
3
𝜑
𝑋
𝐻
>
0
𝑤
𝐻
−
𝑤
𝐿
=
1
.
6
5