Question
Assume that the United States is a skilled- labour abundant country, whereas China is an unskilled -labour abundant. Define theStolper-Samuelson theorem and then check data
Assume that the United States is a skilled-labour abundant country, whereas China is an unskilled-labour abundant. Define theStolper-Samuelson theorem and then check data findings (Correlation coefficient between Openness and GINI Index)are in line with the Stolper-Samuelson theorem
Data: correlation coefficient between Openness and the GINI Index (Correlation Coefficient for the United States is 0.164 Correlation Coefficient for China is 0.353.)
(but correlation coefficient between Openness and GDP per capital for the United Statesis 0.125 and China is -0.234. What does this mean? )
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