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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
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
With the signing of the North American Free Trade Agreement (NAFTA) in 1994, Mexico entered a bilateral free trade agreement which not only lowered its own tariffs on imports but also lowered tariffs on its exports to the U.S. We find that women's relative wage increased, particularly during the...
Persistent link: https://www.econbiz.de/10012462462
features aggregate unemployment and jobs that pay different wages to identical workers. Simulations show that, for reasonable …
Persistent link: https://www.econbiz.de/10012465514
We review the empirical evidence on the relationship between Trade Liberalization, Inequality, and Poverty based on the analysis of micro data from several developing countries that underwent significant trade reforms in recent years. Despite many measurement and identification difficulties, and...
Persistent link: https://www.econbiz.de/10012468100
Using industry-level data disaggregated by states, this paper finds a positive impact of trade liberalization on labor-demand elasticities in the Indian manufacturing sector. These elasticities turn out to be negatively related to protection levels that vary across industries and over time....
Persistent link: https://www.econbiz.de/10012468818
, changes in industry wages that hurt sectors with initially lower wages and a higher fraction of unskilled workers, and shifts … of the labor force towards the informal sector that typically pays lower wages and offers no benefits. Our results … industry wages, we find that wage premiums decreased by more in sectors that experienced larger tariff cuts. Finally, we find …
Persistent link: https://www.econbiz.de/10012468868
reform paid their workers high wages, and raised the premium paid to workers in states along the U.S. border. These changes …
Persistent link: https://www.econbiz.de/10012469137
designed to maintain wages of low-skilled workers. With or without a free trade agreement. the United States faces a …
Persistent link: https://www.econbiz.de/10012474989
increase in average wages in exporting firms relative to domestic firms, consistent with earlier studies. However, using … the differential impact of trade openness on the wages of workers at exporting firms relative to otherwise identical …, non-random labor market allocation mechanisms, in determining the effects of trade policy changes on wages …
Persistent link: https://www.econbiz.de/10012461401