Hasan, Rana; Mitra, Devashish; Ramaswamy, K. V. - 2021
Using industry-level data disaggregated by states, this paper finds a positive impact of trade liberalization on labor … with more flexible labor regulations, they are also impacted to a larger degree by trade reforms. Finally, we find that … after the reforms, volatility in productivity and output gets translated into larger wage and employment volatility …