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How International Trade Affects Wages and Employment

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Release : 2005
Genre :
Kind : eBook
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Book Synopsis How International Trade Affects Wages and Employment by : Ivan T. Kandilov

Download or read book How International Trade Affects Wages and Employment written by Ivan T. Kandilov. This book was released on 2005. Available in PDF, EPUB and Kindle. Book excerpt:

The Impact of International Trade on Wages

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Release : 2008-04-15
Genre : Political Science
Kind : eBook
Book Rating : 640/5 ( reviews)

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Book Synopsis The Impact of International Trade on Wages by : Robert C. Feenstra

Download or read book The Impact of International Trade on Wages written by Robert C. Feenstra. This book was released on 2008-04-15. Available in PDF, EPUB and Kindle. Book excerpt: Since the early 1980s, the U.S. economy has experienced a growing wage differential: high-skilled workers have claimed an increasing share of available income, while low-skilled workers have seen an absolute decline in real wages. How and why this disparity has arisen is a matter of ongoing debate among policymakers and economists. Two competing theories have emerged to explain this phenomenon, one focusing on international trade and labor market globalization as the driving force behind the devaluation of low-skill jobs, and the other focusing on the role of technological change as a catalyst for the escalation of high-skill wages. This collection brings together innovative new ideas and data sources in order to provide more satisfying alternatives to the trade versus technology debate and to assess directly the specific impact of international trade on U.S. wages. This timely volume offers a thorough appraisal of the wage distribution predicament, examining the continued effects of technology and globalization on the labor market.

Sticky Feet

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Release : 2014-07-03
Genre : Business & Economics
Kind : eBook
Book Rating : 637/5 ( reviews)

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Book Synopsis Sticky Feet by : Claire H. Hollweg

Download or read book Sticky Feet written by Claire H. Hollweg. This book was released on 2014-07-03. Available in PDF, EPUB and Kindle. Book excerpt: This report quantifies labor mobility costs in developing countries and simulates the implied adjustment paths of employment and wages following a change in trade policy. High mobility costs are shown to reduce the potential gains to trade reform.

Trade and Employment

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Release : 2005
Genre : Commerce
Kind : eBook
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Book Synopsis Trade and Employment by : Bernard M. Hoekman

Download or read book Trade and Employment written by Bernard M. Hoekman. This book was released on 2005. Available in PDF, EPUB and Kindle. Book excerpt: "The substantial literature investigating the links between trade, trade policy, and labor market outcomes-both returns to labor and employment-has generated a number of stylized facts, but many open questions remain. This paper surveys the subset of the literature focusing on trade policy and integration into the world economy. Although in the longer run trade opportunities can have a major impact in creating more productive and higher paying jobs, this literature tends to take employment as given. A common finding is that much of the shorter run impacts of trade and reforms involve reallocation of labor or wage impacts within sectors. This reflects a pattern of expansion of more productive firms-especially export-oriented or suppliers to exporters-and contraction and adjustment of less productive enterprises in sectors that become subject to greater import competition. Wage responses to trade and trade reforms are generally greater than employment impacts, but trade can only explain a small fraction of the general increase in wage inequality observed in both industrial and developing countries in recent decades. A feature of the literature survey is that the focus is almost exclusively on industries producing goods. Given the importance of service industries as a source of employment and determinants of competitiveness, the paper argues that one priority area for future research is to study the employment effects of services trade and investment reforms. "--World Bank web site.

The Impact of Trade Prices on Employment and Wages in the United States

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Release : 1997-09-01
Genre : Business & Economics
Kind : eBook
Book Rating : 419/5 ( reviews)

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Book Synopsis The Impact of Trade Prices on Employment and Wages in the United States by : Ms.Dalia Hakura

Download or read book The Impact of Trade Prices on Employment and Wages in the United States written by Ms.Dalia Hakura. This book was released on 1997-09-01. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the sensitivity of sectoral employment and wages in the United States to changes in foreign trade prices for 1980–90. Previous studies have concentrated mainly on the impact of changes in import prices on employment and wage levels. This paper estimates the impact of changes in both import and export prices on employment and wages in each of 12 three-digit standard industrial classification (SIC) manufacturing sectors. The basic conclusion is that, for most sectors, changes in trade prices do not have significant effects on employment and wages, although they generally have a larger impact on employment than on wages.

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