Information economy and inequality: Wage polarization, unemployment, and occupation transition in Taiwan since 1980

Wei Ching Wang*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

5 Citations (Scopus)

Abstract

This paper examines whether Taiwan's economic inequality has worsened as Taiwan has evolved into an information economy, a transformation which began around 1980. The paper explores this relationship by investigating three specific research questions. First, has there been a rise in wage inequality in Taiwan since 1980; and if so, what are the sources of this rise in inequality? Second, has the transition to an information economy contributed to a rise in unemployment rates? And third, what type of occupational structural transformation occurred during this transition? The paper shows that since 1980, wage inequality, unemployment, and the white-collar-blue-collar worker employment ratio have all sharply increased in Taiwan. Furthermore, the reasons for these changes seem closely related to the relative growth of the information economy.

Original languageEnglish
Pages (from-to)120-136
Number of pages17
JournalJournal of Asian Economics
Volume20
Issue number2
DOIs
Publication statusPublished - 2009 Mar
Externally publishedYes

Keywords

  • Information economy
  • Information intensive industry
  • Occupation transformation
  • Unemployment
  • Wage inequality

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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