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negative exter- nal trade shocks may be accommodated by the migration of jobs be- tween sectors; the negative impact on some …, will be temporary, unless labour market rigidities prevent the necessary adjustment. We ar- gue that trade shocks trigger a … disequilibria. Therefore, the structural change that follows trade shocks can no longer be analysed within an equilibrium framework …
Persistent link: https://www.econbiz.de/10011003326
negative exter- nal trade shocks may be accommodated by the migration of jobs be- tween sectors; the negative impact on some …, will be temporary, unless labour market rigidities prevent the necessary adjustment. We ar- gue that trade shocks trigger a … disequilibria. Therefore, the structural change that follows trade shocks can no longer be analysed within an equilibrium framework …
Persistent link: https://www.econbiz.de/10010756449
negative external trade shocks may be accommodated by the migration of jobs between sectors; the negative impact on some …, will be temporary, unless labour market rigidities prevent the necessary adjustment. We argue that trade shocks trigger a … disequilibria. Therefore, the structural change that follows trade shocks can no longer be analysed within an equilibrium framework …
Persistent link: https://www.econbiz.de/10005689678
hand the effects on bilateral trade (geographical specialization) and, secondly, the effects on the export and import … better respected in high income countries. However, the causality between labour standards and growth remains a controversial … issue. The strategies of export-led growth might encourage developing countries to contain the rising process of standards …
Persistent link: https://www.econbiz.de/10008871977
hand the effects on bilateral trade (geographical specialization) and, secondly, the effects on the export and import … better respected in high income countries. However, the causality between labour standards and growth remains a controversial … issue. The strategies of export-led growth might encourage developing countries to contain the rising process of standards …
Persistent link: https://www.econbiz.de/10011072515
hand the effects on bilateral trade (geographical specialization) and, secondly, the effects on the export and import … better respected in high income countries. However, the causality between labour standards and growth remains a controversial … issue. The strategies of export-led growth might encourage developing countries to contain the rising process of standards …
Persistent link: https://www.econbiz.de/10011073053
Most existing evidences for indeterminacy are obtained from analyzing models that do not consider trade. This paper … that even though indeterminacy arises under autarky, it can be eliminated when trade takes place with another country …
Persistent link: https://www.econbiz.de/10005518264
indeterminacy arises in one country but determinacy in the other, and show that indeterminacy could be eliminated when trade takes …
Persistent link: https://www.econbiz.de/10005227626
consequences (in terms of GDP per capita growth) of a declining labour supply. We tentatively conclude that economic migration …
Persistent link: https://www.econbiz.de/10005030242
his empirical study consists of an econometric test of the complementary effect of trade and education on long run … growth. The tests are perfomed using a mixed specification built on the Benhabib and Spiegel [7] model and include an … estimator of trade openness. Regressions are run on a long term panel data base (100 years, 10 OECD countries) reconciling the …
Persistent link: https://www.econbiz.de/10005630748