Felbermayr, Gabriel J.; Prat, Julien; Schmerer, Hans-Jörg - Institut zur Zukunft der Arbeit <Bonn> - 2009
This paper documents a robust empirical regularity: in the long-run, higher trade openness iscausally associated to a … within-country trade. Our main findingis robust to various definitions of unemployment rates and openness measures …. Thepreferred specification suggests that a 10 percent increase in total trade openness reducesunemployment by about one percentage …