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unemployment. The transitory restrictions for worker migration after the EU enlargements of 2004 and 2007 exemplify the supposed … unemployment controlling for the high correlation between immigration and goods flows in order to prevent an omitted variable bias … migration flows and the high persistence of unemployment. We find no significant effect of immigration on unemployment on …
Persistent link: https://www.econbiz.de/10010308243
the cost of offshoring and unemployment. Starting from a high cost of offshoring, a decrease in the cost of offshoring … reduces unemployment first and then increases it. The non-monotonicity of unemployment in the cost of offshoring does not … between the cost of offshoring and unemployment is verified through a calibration exercise performed using parameters for …
Persistent link: https://www.econbiz.de/10010595066
Development economists generally concur that the implications of economic reform for employment are influenced by an economy's institutional framework. This paper examines the extent to which differences in regional labour market flexibility shaped the impact of unanticipated economic reforms on...
Persistent link: https://www.econbiz.de/10012021693
While most of the offshoring literature focuses on the effects on relative wages, other implications do not receive the … industry where offshoring takes place. If offshoring takes place in high-skill intensive industries, the high-skill labor ratio … increases (vice versa if offshoring takes place in low-skill intensive industries). Results are in line with other empirical …
Persistent link: https://www.econbiz.de/10011281878
Persistent link: https://www.econbiz.de/10010379551
There is evidence that better performing firms tend to enter international markets. Internationally active firms are larger, more productive, and pay higher wages than other firms in the same industry. Positive performance effects of engaging in international activity are found especially in...
Persistent link: https://www.econbiz.de/10011404871
Liberalization of foreign trade and investment raises the domestic ratio of skilled to unskilled wages (skill premium) if the country has a sufficiently well-educated workforce, but lowers it otherwise. Wide wage inequality is undesirable on equity grounds, especially in poor countries where the...
Persistent link: https://www.econbiz.de/10011405029
to workers’ incomes and employment, while firms that import intermediate production stages (“offshoring”) display bigger … employment responses to small changes in workers’ wages, and are more likely to shut down home factories. But offshoring also … helps firms weather economic shocks. Offshoring firms are more likely to survive and provide greater employment stability to …
Persistent link: https://www.econbiz.de/10011662682
There is evidence that better performing firms tend to enter international markets. Internationally active firms are larger, more productive, and pay higher wages than other firms in the same industry. Positive performance effects of engaging in international activity are found especially in...
Persistent link: https://www.econbiz.de/10012269597
While most of the offshoring literature focuses on the effects on relative wages, other implications do not receive the … industry where offshoring takes place. If offshoring takes place in high-skill intensive industries, the high-skill labor ratio … increases (vice versa if offshoring takes place in low-skill intensive industries). Results are in line with other empirical …
Persistent link: https://www.econbiz.de/10011708703