Haltiwanger, John; Kugler, Adriana; Kugler, Maurice; … - In: Journal of Economic Policy Reform 7 (2004) 4, pp. 191-208
Openness to international competition can lead to enhanced resource allocation in the end. While factor reallocation is essential if net benefits are to be derived from trade liberalization, the process generates costs both for transitioning workers and for employers undergoing personnel...
