Showing 1 - 10 of 71
We study the effects of domestic trade liberalization on labor markets in Botswana. South Africa is the dominant member of the Southern Africa Customs Union. As such, when South Africa liberalized trade in the 1990s, this induced large and plausibly exogenous tariff reductions for the other...
Persistent link: https://www.econbiz.de/10012862049
This paper studies the relationship between trade liberalization and informality. It is often claimed that increased foreign competition in developing countries leads to an expansion of the informal sector, defined as the sector that does not comply with labor market legislation. Using data from...
Persistent link: https://www.econbiz.de/10013232141
We build an equilibrium model of a small open economy with labor market frictions and imperfectly enforced regulations. Heterogeneous firms sort into the formal or informal sector. We estimate the model using data from Brazil, and use counterfactual simulations to understand how trade affects...
Persistent link: https://www.econbiz.de/10014089525
A theoretical model is developed and applied to the North American auto industry, motivated by the possibility of US-Mexico …. Using an applied GE model, we find that (A) the gains to Mexico are significant and the effects on the US and Canada are … North American multinationals determine markups, increased imports from Mexico do not result in a rationalization of US and …
Persistent link: https://www.econbiz.de/10013139985
This paper presents a general equilibrium approach to calculating labour adjustment costs induced by trade policy changes or external sector shocks, which we illustrate by analyzing the adjustment consequences of eliminating quotas and tariffs on U.S. imports. In our approach, factor adjustments...
Persistent link: https://www.econbiz.de/10013245717
With the signing of the North American Free Trade Agreement (NAFTA) in 1994, Mexico entered a bilateral free trade …
Persistent link: https://www.econbiz.de/10013140996
In this paper, I examine the impacts of trade and investment liberalization on the wage structure of Mexico. Part one … of the paper surveys recent literature on the labor-market consequences of Mexico's economic reforms in the 1980?s …. Mexico's policy reforms appear to have raised the demand for skill in the country, reduced rents in industries that prior to …
Persistent link: https://www.econbiz.de/10013246641
Following its opening to trade and foreign investment in the mid-1980s, Mexico's economic growth has been modest at … that the relation between openness and growth is not a simple one. Using standard trade theory, we find that Mexico has … continuing reforms, Chinese growth is likely to slow down sharply, perhaps leaving China at a level less than Mexico's real GDP …
Persistent link: https://www.econbiz.de/10013135399
Over the last three decades, Mexico has aggressively reformed its economy, opening to foreign trade and investment … been lackluster, trailing that of many other developing nations. In this paper, I review arguments for why Mexico hasn …. These are factors internal to Mexico. One possible external factor is that the country has the bad luck of exporting goods …
Persistent link: https://www.econbiz.de/10013137012
This paper argues that labor market distortions in transition and developing economies help explain differential impacts of trade liberalization. We assume that workers differ in ability. In a market economy their earnings depend on their ability. However, earnings are independent of ability due...
Persistent link: https://www.econbiz.de/10013249346