Internal Geography, Labor Mobility, and the Distributional Impacts of Trade

Internal Geography, Labor Mobility, and the Distributional Impacts of Trade PDF Author: Jingting Fan
Publisher:
ISBN:
Category :
Languages : en
Pages : 42

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Book Description
This paper develops a spatial equilibrium model to quantify the distributional impacts of international trade in an economy with intra-national trade and migration costs. Focusing on China, I find that international trade increases both the between-region inequality among workers with similar skills and the within-region inequality between skilled and unskilled workers, with the former accounting for 75% of the overall inequality increase. Ignoring domestic spatial frictions will significantly underestimate trade's impact on the overall inequality and overestimate its impact on the aggregate skill premium. Domestic trade and Hukou reforms can improve welfare and alleviate trade-induced inequality, while at the same time reduce the share of international trade in the economy.

Internal Geography, Labor Mobility, and the Distributional Impacts of Trade

Internal Geography, Labor Mobility, and the Distributional Impacts of Trade PDF Author: Jingting Fan
Publisher:
ISBN:
Category :
Languages : en
Pages : 42

Get Book Here

Book Description
This paper develops a spatial equilibrium model to quantify the distributional impacts of international trade in an economy with intra-national trade and migration costs. Focusing on China, I find that international trade increases both the between-region inequality among workers with similar skills and the within-region inequality between skilled and unskilled workers, with the former accounting for 75% of the overall inequality increase. Ignoring domestic spatial frictions will significantly underestimate trade's impact on the overall inequality and overestimate its impact on the aggregate skill premium. Domestic trade and Hukou reforms can improve welfare and alleviate trade-induced inequality, while at the same time reduce the share of international trade in the economy.

The Distributional Impacts of Trade

The Distributional Impacts of Trade PDF Author: Jakob Engel
Publisher: World Bank Publications
ISBN: 1464817057
Category : Business & Economics
Languages : en
Pages : 206

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Book Description
Trade is a well-established driver of growth and poverty reduction.But changes in trade policy also have distributional impacts that create winners and losers. It is vital to understand and clearly communicate how trade affects economic well-being across all segments of the population, as well as how policies can more effectively ensure that the gains from trade are distributed more widely. The Distributional Impacts of Trade: Empirical Innovations, Analytical Tools, and Policy Responses provides a deeper understanding of the distributional effects of trade across regions, industries, and demographic groups within countries over time. It includes an overview (chapter 1); a review of innovations in empirical and theoretical work covering the impacts of trade at the subnational level (chapter 2); highlights from empirical case studies on Bangladesh, Brazil, Mexico, South Africa, and Sri Lanka (chapter 3); and a policy agenda to improve distributional outcomes from trade (chapter 4). This book comes at a time when the shock from COVID-19 (coronavirus) adds to an already uncertain trade policy environment in which the value of the multilateral trading system has been under increased scrutiny. A better understanding of how trade affects distributional outcomes can lead to more inclusive policies and support the ability of countries to maximize broad-based benefits from trade.

World Development Report 2009

World Development Report 2009 PDF Author: World Bank
Publisher: World Bank Publications
ISBN: 082137608X
Category : Political Science
Languages : en
Pages : 410

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Book Description
Rising densities of human settlements, migration and transport to reduce distances to market, and specialization and trade facilitated by fewer international divisions are central to economic development. The transformations along these three dimensions density, distance, and division are most noticeable in North America, Western Europe, and Japan, but countries in Asia and Eastern Europe are changing in ways similar in scope and speed. 'World Development Report 2009: Reshaping Economic Geography' concludes that these spatial transformations are essential, and should be encouraged. The conclusion is not without controversy. Slum-dwellers now number a billion, but the rush to cities continues. Globalization is believed to benefit many, but not the billion people living in lagging areas of developing nations. High poverty and mortality persist among the world's 'bottom billion', while others grow wealthier and live longer lives. Concern for these three billion often comes with the prescription that growth must be made spatially balanced. The WDR has a different message: economic growth is seldom balanced, and efforts to spread it out prematurely will jeopardize progress. The Report: documents how production becomes more concentrated spatially as economies grow. proposes economic integration as the principle for promoting successful spatial transformations. revisits the debates on urbanization, territorial development, and regional integration and shows how today's developers can reshape economic geography.

Free Trade

Free Trade PDF Author: Cheryl Schonhardt-Bailey
Publisher: Burns & Oates
ISBN:
Category : Business & Economics
Languages : en
Pages : 380

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Book Description
Despite the renewed interest in the repeal of the Corn Laws (1846), the original source material surrounding the repeal legislation has remained difficult to find for researchers, especially those outside Britain. This volume offers easy access to key Parliamentary documents, pamphlets, and speeches of the Anti-Corn Law League and a number of contemporary documents on the anticipated effects of repeal by Torrens, McCulloch, Porter, Pennington, and others.

Let Their People Come

Let Their People Come PDF Author: Lant Pritchett
Publisher: Brookings Institution Press
ISBN: 1944691065
Category : Business & Economics
Languages : en
Pages : 116

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Book Description
In Let Their People Come, Lant Pritchett discusses five "irresistible forces" of global labor migration, and the "immovable ideas" that form a political backlash against it. Increasing wage gaps, different demographic futures, "everything but labor" globalization, and the continued employment growth in low skilled, labor intensive industries all contribute to the forces compelling labor to migrate across national borders. Pritchett analyzes the fifth irresistible force of "ghosts and zombies," or the rapid and massive shifts in desired populations of countries, and says that this aspect has been neglected in the discussion of global labor mobility. Let Their People Come provides six policy recommendations for unskilled immigration policy that seek to reconcile the irresistible force of migration with the immovable ideas in rich countries that keep this force in check. In clear, accessible prose, this volume explores ways to regulate migration flows so that they are a benefit to both the global North and global South.

World Trade Evolution

World Trade Evolution PDF Author: Lili Yan Ing
Publisher: Routledge
ISBN: 1351061526
Category : Business & Economics
Languages : en
Pages : 442

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Book Description
The book provides theoretical and empirical evidence on how world trade evolves, how trade affects resource allocation, how trade competition affects productivity, how China shock affects world trade and how trade affects large and small countries. It is a useful reference which focuses on new approaches to international trade by looking into country-specific as well as firm-product level-specific cases.

Industrial Geography in Contemporary China

Industrial Geography in Contemporary China PDF Author: Canfei He
Publisher: Routledge
ISBN: 1000567974
Category : Social Science
Languages : en
Pages : 640

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Book Description
This title provides an overall view of industrial geography in the context of contemporary China and investigates the development processes, research paradigms, and achievements of China’s industrial geography, with a particular focus on the post- reform period. The first two chapters introduce the overall background of industrialization and evolving policies of industrial geography in contemporary China. Based on sweeping literature reviews, empirical data analysis, and case studies, the author then examines key aspects of industrial geography and geographical patterns, dynamics, and the impact of industrial development. The following topics are discussed in detail: the geographical distribution and agglomeration of industries; national industrial parks; urbanization and industrialization; regional evolution of industries and interregional networks; firms and industrial organizations; exports, foreign investment, and trade; labour migration; land supply; industrial innovation; environmental issues and regulations; and industrial planning. In providing a full picture of the industrial geography of contemporary China, the title will be an essential reference for scholars and students studying economic geography, industrial geography, and the industrial and economic development of the People’s Republic of China.

Geographical Labor Market Imbalances

Geographical Labor Market Imbalances PDF Author: Chiara Mussida
Publisher: Springer
ISBN: 364255203X
Category : Business & Economics
Languages : en
Pages : 371

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Book Description
This book focuses on the questions of how territorial differences in productivity levels and unemployment rates arise in the first place and why territorial differences in labor market performance persist over time. Unemployment divergence and unemployment club convergence have been touched on in a large number of works and have recently also been studied using spatial econometric analysis. In this book we aim to develop the debate to include several important new topics, such as: the reasons why structural changes in some sectors cause slumps in some regions but not in others; the extent to which agglomeration factors explain regional imbalances; the degree of convergence / divergence across EU countries and regions; the role of labor mobility in reducing / increasing regional labor market imbalances; the impact of EU and country-level regional policy in stimulating convergence and the (unsatisfactory) role of active labor market policy in stimulating labor supply in the weakest economic areas.

Geography and Trade

Geography and Trade PDF Author: Paul Krugman
Publisher: MIT Press
ISBN: 9780262610865
Category : Business & Economics
Languages : en
Pages : 160

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Book Description
"I have spent my whole professional life as an international economist thinking and writing about economic geography, without being aware of it," begins Paul Krugman in the readable and anecdotal style that has become a hallmark of his writings. Krugman observes that his own shortcomings in ignoring economic geography have been shared by many professional economists, primarily because of the lack of explanatory models. In Geography and Trade he provides a stimulating synthesis of ideas in the literature and describes new models for implementing a study of economic geography that could change the nature of the field. Economic theory usually assumes away distance. Krugman argues that it is time to put it back - that the location of production in space is a key issue both within and between nations.

Geographical Mobility

Geographical Mobility PDF Author: Green, Anne E.
Publisher: Policy Press
ISBN: 1861345011
Category : Business & Economics
Languages : en
Pages : 64

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Book Description
This report charts the changing role and nature of geographical mobility in organisational strategies and career development. It explores the work and family life experiences of employees and partners who have faced job-related geographical mobility. Geographical mobility: Family impacts: highlights geographical mobility as a key cross-cutting policy issue; outlines the rationale for geographical mobility and traces the impacts of such mobility on employee and partner careers; traces the impacts of geographical mobility on individuals and families at different stages of the life course; emphasises the diversity of relocation experiences; draws out associated implications for policy. · This report is important reading for researchers, policy makers and practitioners concerned specifically with relocation, migration and labour markets. It is of particular relevance to those working in human resources, economic development and employment policy.