Showing 1 - 10 of 19
We embed a model of the labor market with sector-specific search-and-matching frictions into a Ricardian model with a continuum of goods to show that trade liberalization causes higher unemployment in countries with comparative advantage in sectors with strong labor market frictions and leads to...
Persistent link: https://www.econbiz.de/10011084120
Insights from a novel Trade-and-Employment theoretical framework are used to assess the relationship between openness to trade and unemployment. The impact of trade on unemployment depends on the covariance between comparative advantage and sector level labour market frictions. If the covariance...
Persistent link: https://www.econbiz.de/10011144957
Greater trade integration within Middle East and North Africa region is expected to happen through the completion of the Pan-Arab Free Trade Agreement. However; recent studies suggest that when resource rich and resource poor countries give preferences to each other; as in PAFTA; the resource...
Persistent link: https://www.econbiz.de/10010606888
This paper is built on Venables (2011) theoretical predictions which show that gains from regional integration are unevenly distributed between resource rich and poor countries. We explore the effects of different integration schemes inMiddle East and North Africa. Results suggest that within...
Persistent link: https://www.econbiz.de/10010827736
This paper is built on Venables (2011) theoretical predictions which show that gains from regional integration are unevenly distributed between resource rich and poor countries. We explore the effects of different integration schemes in Middle East and North Africa. Results suggest that within...
Persistent link: https://www.econbiz.de/10010827776
We embed a model of the labor market with sector-specific search-and-matching frictions into a Ricardian model with a continuum of goods to show that trade reduces unemployment in countries with comparative advantage in sectors with more efficient labor markets and leads to higher unemployment...
Persistent link: https://www.econbiz.de/10014000655
This paper is built on Venables (2011) theoretical predictions which show that gains from regional integration are unevenly distributed between resource rich and poor countries. We explore the effects of different integration schemes in Middle East and North Africa. Results suggest that within...
Persistent link: https://www.econbiz.de/10014000662
We explore the impact on bilateral trade flows of the inclusion of a labor clause (LC) in Trade Agreements (TAs). Using a gravity type framework, we find that the introduction of LCs has on average no impact on bilateral trade flows. However, there is some interesting heterogeneity. Exports of...
Persistent link: https://www.econbiz.de/10014000848
We embed a model of the labor market with sector-specific search-and-matching frictions into a Ricardian model with a continuum of goods to show that trade liberalization causes higher unemployment in countries with comparative advantage in sectors with strong labor market frictions and leads to...
Persistent link: https://www.econbiz.de/10014000871
Persistent link: https://www.econbiz.de/10011387164