Showing 1 - 10 of 796
This paper describes the socio-economic adjustment effects exerted by globalization (taking as starting points competitive pressure, sectoral shifts, and financial market contagion) and discusses their relevance for domestic policy-making. I argue that these economic pressures and the resulting...
Persistent link: https://www.econbiz.de/10011259135
trade then comparative advantage can be generated through the difference in the degree of the labor market imperfection even … persists within the country, for both home and foreign, in spite of free trade and, free trade does not guarantee the reduction …
Persistent link: https://www.econbiz.de/10011111305
Recent papers, discussing the impact of economic reform in India, argue that the positive effect of reform is more significant in states, which are not ‘labor friendly’. Also labor market reforms seem to be a pre-condition for success of liberal policies as far as their impact on poverty is...
Persistent link: https://www.econbiz.de/10008599105
computations of the sector elasticity of labor demand, and by evaluating the employment effects of trade in manufactures, services … the aggregate estimate in all three countries. The employment effect of openness to trade is generally positive, although …
Persistent link: https://www.econbiz.de/10011204408
cultural goods, people learned the labor quality of the trade partner, which reduces the information asymmetry about the labor … quality of the exported country. Consequently, people come to accept the labor force from the trade partner in the labor …
Persistent link: https://www.econbiz.de/10011108964
initial exposure to trade in the 1970s were disproportionately affected by the ensuing dollar appreciation in the 1980s, and … Melitz model extension with sunk fixed costs, which leads to a dynamic gravity equation whereby shocks to trade have …
Persistent link: https://www.econbiz.de/10011109329
In this study, we predict a pattern of offshoring and reshoring over the course of economic development. We achieve this, by extending Grossman and Rossi-Hansberg's (2008) model of offshoring in a simple way by assuming that offshoring requires both workers and capital in the offshored country....
Persistent link: https://www.econbiz.de/10011110020
in Mexico after trade, while data shows the skill premium began to rise in both countries during the 1980s. This paper … presents a simple trade-based resolution of this “wage inequality anomaly.” The resolution is a straightforward application of … well-known variety trade models. Intra-industry trade increases the variety of intermediate goods used by the high …
Persistent link: https://www.econbiz.de/10005787030
This paper uses microdata from the Current Population Survey combined with data from the U.S. International Trade … Commission and Bureau of Economic Analysis to evaluate the impacts of international trade (imports penetration and exports …-effect between international trade and education, but the wage gap due to international trade still persists for low-skilled workers …
Persistent link: https://www.econbiz.de/10005789713
trade liberalization takes time to realize positive employment effects. Disappointing employment growth in the face of an …
Persistent link: https://www.econbiz.de/10005790353