Trade Liberalization, Intra-Industry Reallocation of Labor and Trade Adjustment Assistance PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Trade Liberalization, Intra-Industry Reallocation of Labor and Trade Adjustment Assistance PDF full book. Access full book title Trade Liberalization, Intra-Industry Reallocation of Labor and Trade Adjustment Assistance by Yong Joon Jang. Download full books in PDF and EPUB format.
Author: Yong Joon Jang
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
This paper analyzes how TAA for workers plays a role on intra-sectoral redistribution of labor in response to trade liberalization by placing Riordan and Staiger's (1993) TAA model within Melitz's (2003) framework of international trade with heterogeneous monopolistically competitive firms. Due to the existence of asymmetric information of worker quality between firms and workers, high-productivity firms abstain from rehiring workers laid-off from low-productivity firms when the average quality of those workers is relatively low. Hence a job training program of TAA can have an important role in reducing unemployment and income deterioration in low productivity firms, and raise efficiency in high-productivity firms within a sector in response to trade liberalization. In addition, the job training program is more necessary with respect to the process of intra-redistribution of production factors when trade opens at a low level, and also when a sector has comparative advantage, skill-intensive technology and a large portion of low quality labor in the labor market.
Author: Yong Joon Jang
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
This paper analyzes how TAA for workers plays a role on intra-sectoral redistribution of labor in response to trade liberalization by placing Riordan and Staiger's (1993) TAA model within Melitz's (2003) framework of international trade with heterogeneous monopolistically competitive firms. Due to the existence of asymmetric information of worker quality between firms and workers, high-productivity firms abstain from rehiring workers laid-off from low-productivity firms when the average quality of those workers is relatively low. Hence a job training program of TAA can have an important role in reducing unemployment and income deterioration in low productivity firms, and raise efficiency in high-productivity firms within a sector in response to trade liberalization. In addition, the job training program is more necessary with respect to the process of intra-redistribution of production factors when trade opens at a low level, and also when a sector has comparative advantage, skill-intensive technology and a large portion of low quality labor in the labor market.
Author: Stephen E. Baldwin
Publisher:
ISBN:
Category : Foreign trade and employment
Languages : en
Pages : 32
Get Book Here
Book Description
Author: Bernard M. Hoekman
Publisher: World Bank Publications
ISBN:
Category : Commerce
Languages : en
Pages : 37
Get Book Here
Book Description
"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.
Author: Yener Kandogan
Publisher:
ISBN:
Category :
Languages : en
Pages : 26
Get Book Here
Book Description
Author: Eugene Beaulieu
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
Get Book Here
Book Description
This paper presents a theoretical model and empirical analysis that connects the prevalence of intra-industry trade with increased wage inequality from trade liberalization in both skilled and unskilled labor abundant countries. The Stolper-Samuelson effect is incorporated into an intra-industry trade liberalization (intra-ITL) hypothesis where skilled labor opposes protectionism in all countries engaged in intra-industry trade because skilled workers gain at the expense of unskilled workers from multilateral trade liberalization within the skill-intensive sector. We examine empirical evidence on whether skilled individuals are more supportive of trade liberalization than unskilled individuals across 31 countries with different levels of intra-industry trade and skill endowments. We find that the extent to which countries engage in intra-industry trade in high-tech commodities is strongly linked with the intensity of opposition to protection by skilled labor. Regression results strongly support our hypothesis that skilled workers, almost everywhere, are more likely to support free trade.
Author: Carl Davidson
Publisher: W.E. Upjohn Institute
ISBN: 0880992743
Category : Business & Economics
Languages : en
Pages : 156
Get Book Here
Book Description
Author: Marion Jansen
Publisher:
ISBN: 9789221253211
Category : Foreign trade and employment
Languages : en
Pages : 0
Get Book Here
Book Description
Author: Claire H. Hollweg
Publisher: World Bank Publications
ISBN: 1464802637
Category : Business & Economics
Languages : en
Pages : 123
Get Book Here
Book Description
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.
Author: Andrew B. Bernard
Publisher:
ISBN:
Category : Commerce
Languages : en
Pages : 50
Get Book Here
Book Description
This paper examines the response of industries and firms to changes in trade costs. Several new firm-level models of international trade with heterogeneous firms predict that industry productivity will rise as trade costs fall due to the reallocation of activity across plants within an industry. Using disaggregated U.S. import data, we create a new measure of trade costs over time and industries. As the models predict, productivity growth is faster in industries with falling trade costs. We also find evidence supporting the major hypotheses of the heterogenous-firm models. Plants in industries with falling trade costs are more likely to die or become exporters. Existing exporters increase their shipments abroad. The results do not apply equally across all sectors but are strongest for industries most likely to be producing horizontally-differentiated tradeable goods.
Author: Marc Bacchetta
Publisher:
ISBN: 9789287050229
Category :
Languages : en
Pages :
Get Book Here
Book Description
