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employment and wages in the United Kingdom. It finds that firms can benefit from services trade, through increased employment …, production and productivity. On average, workers’ wages are also positively impacted by increased services trade. The findings … suggest that services imports enhance female wages more than those of males, thereby contributing to narrow the gender wage …
Persistent link: https://www.econbiz.de/10012432842
the effect on prices of tradable goods and wages. The cost of consumption for each household is affected by the domestic …
Persistent link: https://www.econbiz.de/10010599689
We use a novel data set with verified observations of trade-induced layoffs by U.S. firms to study the interaction between firm productivity and trade liberalization as key determinants of firm-level job destruction due to trade. We find that patterns of trade-induced layoffs are broadly...
Persistent link: https://www.econbiz.de/10011208929
larger, more productive, and pay higher wages than other firms in the same industry. Positive performance effects of engaging …
Persistent link: https://www.econbiz.de/10011417118
Ever since the early 20th century, Argentina has failed to fully reap the benefits that integrating into the world economy can offer. With exports and imports only accounting for less than 30% of GDP, Argentina is significantly less integrated into the world economy than other emerging market...
Persistent link: https://www.econbiz.de/10012111118
This paper studies the evolution of China's production and trade patterns during its integration into the global economy. We document and explain new facts concerning changes in production and exports at the industry and firm levels using microdata and a quantitative Ricardian and...
Persistent link: https://www.econbiz.de/10014544694
increase their relative wages. …
Persistent link: https://www.econbiz.de/10012883934
We formalize the GATT/WTO principle of reciprocity in workhorse quantitative trade models, characterizing reciprocal tariff cuts that hold terms of trade fixed and investigating their labor-market impacts. We provide closed-form expressions mapping reciprocal tariff cuts to labor market...
Persistent link: https://www.econbiz.de/10015056161
GVC involvement—tend to employ more workers, pay higher wages, and employ more skilled workers than firms that deal … internationalised firms tending to hire more workers and pay higher wages in developing economies as well. We also find a positive …
Persistent link: https://www.econbiz.de/10009775460
outcome variables – labour productivity, employment and wages. In a second step, an illustrative set of changes in trading … European value chains. Labour productivity and wages are negatively affected across most sectors, but the effects are smaller …
Persistent link: https://www.econbiz.de/10011914632