Download or read book Essays on the effects of integration on labour markets r d trade and growth written by Roberta Piermartini and published by . This book was released on 1999 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Essays on the Effects of International Trade on Labor Markets and Economic Growth written by Fabian Guenter Werner Trottner and published by . This book was released on 2020 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: I study how international trade affects labor market outcomes and economic growth. In the first chapter, I study how international trade affects wage inequality within and between firms. Using matched employer-employee data from Germany, I document that the firm-size wage premium is higher for skilled compared to less-skilled workers and that larger firms disproportionately employ more skilled workers. I show, using a new quantitative framework, that non-homothetic production and monopsonistic competition in labor markets can rationalize these reduced-form findings. To estimate the model, I propose a new econometric method to identify non-homotheticity in the presence of upward-sloping labor supply curves separately. Counterfactual exercises quantitatively show that the mechanism implies sizeable distributional effects of trade. The second chapter, co-authored with Yann Koby, combines reduced-form evidence with a new model of a dynamic multi-country and multi-sector economy to study the link between trade and structural transformation. The model accounts for major drivers of structural change—including sector-biased technological change and income effects, as well as technological and factor-driven motives for trade. We provide a characterization of the existence and uniqueness of the equilibrium. We quantify the model to the years 1995 to 2011 and then use it to discuss the decline in U.S. manufacturing and the role of service trade in influencing employment in the manufacturing sector. The third chapter, co-authored with Bastian Krieger, studies the effect of trade in services on firms' innovation activities. We combine unique micro-data from Germany with a simple theory of international trade and innovation to provide causal evidence that trade in innovation services increases innovative activities in firms, accounting for market size and competition effects of trade integration.

Download or read book The Integration of European Labour Markets written by Ewald Nowotny and published by Edward Elgar Publishing. This book was released on 2009-01-01 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: This selection of essays widens the scope for discussion on the design of national labour market and migration policies in the enlarged European Union. They provide some new evidence on recent development on labour market outcomes, and thus, contribute to the ongoing political debate on the economic effects of the enlargement of the European Union. . . it was definitely a gain to spend time in reading this volume. Mathias Czaika, Jahrbücher für Nationalökonomie und Statistik Combining both academic and practitioner perspectives, this book provides authoritative insights into the integration of European labour markets against the background of increasing international labour mobility. A wide range of contributions explore, in particular, the effects that labour mobility has had on the earnings and employment situation of individual households, on the effective supply of labour, and on the availability of skills in migrants home and host countries as well as on the size of income support through migrants remittances. Global and European trends and patterns are discussed along with related policy challenges all with a special focus on European migration after EU enlargement and the nexus between labour markets and trade integration. This book will be an invaluable source of information for economists and other economic policy and European integration experts from central, commercial and investment banks, governments, international organizations, universities and research institutes alike.

Download or read book Labour Issues in the Context of Economic Integration and Free Trade written by Willi Momm and published by International Labour Organization. This book was released on 1999 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Policies for Industrial Growth in a Competitive World written by and published by . This book was released on 1984 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economic Reforms Growth and Inequality in Latin America written by Gustavo Indart and published by Routledge. This book was released on 2019-06-04 with total page 341 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 2004. Growth, income distribution, and labour markets are issues of pivotal importance in the Latin American context. Examining unique theoretical issues and the empirical evidence, this book provides a critical analysis of the key elements of income distribution determinants, labour market functions, trade policies, and their interrelations. As the advance of globalization becomes seemingly unstoppable, this book provides an important reappraisal of the impact of this new phenomenon, and in particular, the pernicious impact it may have on income growth and distribution. The key objective of the volume is to integrate more fully the analysis of trade and labour market economists, in order to better understand the labour market and income distribution implications of globalization and international integration. Forty years after the early calls to appropriately investigate the micro foundations of macroeconomics, the separation of the two at the policy level is more damaging than ever before - particularly for developing regions; this volume therefore makes an important contribution at the theoretical and policy levels by bringing together macroeconomic and microeconomic analyses.

Download or read book Essays on Globalization and Structural Change written by Guillermo Gallacher and published by . This book was released on 2019 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this dissertation I explore the relationship between structural change and globalization. In particular, I focus on the impact of international trade on sectoral labor markets. In Chapter 1, by using a growth accounting framework I provide quantitative estimates of the impact of international trade on sectoral employment shares, in the presence of structural change. I find that in the USA between 1995 and 2014, international trade accounts for 16 percent of the decline in the goods sector employment share. Across countries, the impact of trade on the goods sector employment share is heterogeneous in sign and magnitudes, and is correlated with comparative advantage in the goods sector. I then introduce a Ricardian model of trade with structural change, to shed light on the comparative advantage mechanism. In the data and in the model, international trade mitigates structural change forces in countries with a comparative advantage in the goods sector, while it magnifies structural change forces in countries with a comparative advantage in the service sector. The framework and results I present suggest that trade policy has a limited role in "bringing the manufacturing jobs back". In Chapter 2 I first document that changes in sectoral relative wages have been heterogeneous across countries and then show that these changes in sectoral relative wages matter for understanding employment reallocation. I then ask: why do sectoral relative wages evolve over time? I argue that a likely explanation is the existence of idiosyncratic sectoral labor demand shocks in the context of employment reallocation frictions. I argue that aggregate trade integration con generate such shifts. The intuition is simple: trade liberalization tends to increase labor demand in sectors in which the country has a comparative advantage, and to decrease labor demand in sectors in the rest of sectors. If labor cannot fully reallocate after such shocks, wages tend to adjust: relative wages tend to increase in sectors in which the country has a comparative advantage and tend to shrink in the rest of the economy. Trade integration thus impacts sectoral relative wages and that this impact varies across countries. I introduce a model of international trade with labor market frictions and show that countries with a comparative advantage in the goods (service) sectors tend to experience increasing relative wages in the goods (service) sector. Using the Revealed Comparative Advantage Index, I confirm this relationship in the data. Employment reallocation frictions thus shed light on the empirical relevance of the Ricardian model of international trade.

Download or read book Migration and Economic Growth written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Globalization of Labour Markets written by Olga Memedovic and published by Springer. This book was released on 1998 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ten revised versions of papers presented at the May 1995 workshop of the Network EU-LDC Trade and Capital Relations in Rotterdam address problems that developed and less developed countries (LDCs) face in connection with the globalization of labor markets. The papers, which are written by scholars from the European Union and LDCs, are accompanied by discussions by policy makers and academics in the field. Globalization is discussed in terms of theoretical issues, policy responses, and the exporting of goods or labor. Annotation copyrighted by Book News, Inc., Portland, OR

Download or read book Empirical Methods in International Trade written by Mordechai Elihau Kreinin and published by Edward Elgar Publishing. This book was released on 2004-01-01 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Internationalization of the world economy has made trade a key factor in the growth potential of nearly every economy. Hence, economists have become increasingly interested in the determinants of international trade and competitiveness. Empirical Models i

Download or read book Essays on Economic Integration and Labour Markets written by Andromachi S. Piperakis and published by . This book was released on 2004 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economic Policy in Globalization written by Joachim Jarreau and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This thesis consists of four chapters that examine various aspects of economic policy in its relation to globalization and economic integration. The first chapter considers the question of the link between trade specialization and growth. The results identify a robust empirical ink between initial level of sophistication at province level and real GOP per capita growth in the case of China. The second chapter examines the relationship between the structure of the Chinese banking system and the structure of exports. The empirical study reveals the presence of credit constraints weighing on domestic private firms, which export relatively less in sectors more dependent on external financing. The third chapter examines the impact of immigration on labor markets in a setting with fragmented regional markets. It shows that in this framework, the spatial mobility of migrant workers contributes to increase the efficiency of labor markets, but immigration policy becomes more restrictive under certain conditions. The fourth chapter examines the determinants of preferential free trade agreements. It shows that the gains in market access are a stronger determinant of a country's probability of signing an agreement than the gains accruing to consumers in the form of lower prices.

Download or read book The World Economy in Perspective written by Herbert Giersch and published by . This book was released on 1991 with total page 344 pages. Available in PDF, EPUB and Kindle. Book excerpt: Herbert Giersch's contribution to economics has ranged widely over international economics, European integration and the economics of entrepreneurship.

Download or read book Market Opening Growth and Employment written by and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Inflation Development and Integration written by Arthur Joseph Brown and published by . This book was released on 1979 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monographic compilation of essays in honour of a.j. Brown, British economist, relating to inflation, industrialization in developing countries, trade and economic integration - covers economic theory and economic models, incomes policy in Australia, reflections on innovation, the EC and other common markets, infrastructure investment in the UK, unemployment, etc., and includes a bibliography of his writings. Graphs, references and statistical tables. Festschrift brown, arthur j., economist.

Download or read book Globalization in Historical Perspective written by Michael D. Bordo and published by University of Chicago Press. This book was released on 2007-11-01 with total page 600 pages. Available in PDF, EPUB and Kindle. Book excerpt: As awareness of the process of globalization grows and the study of its effects becomes increasingly important to governments and businesses (as well as to a sizable opposition), the need for historical understanding also increases. Despite the importance of the topic, few attempts have been made to present a long-term economic analysis of the phenomenon, one that frames the issue by examining its place in the long history of international integration. This volume collects eleven papers doing exactly that and more. The first group of essays explores how the process of globalization can be measured in terms of the long-term integration of different markets-from the markets for goods and commodities to those for labor and capital, and from the sixteenth century to the present. The second set of contributions places this knowledge in a wider context, examining some of the trends and questions that have emerged as markets converge and diverge: the roles of technology and geography are both considered, along with the controversial issues of globalization's effects on inequality and social justice and the roles of political institutions in responding to them. The final group of essays addresses the international financial systems that play such a large part in guiding the process of globalization, considering the influence of exchange rate regimes, financial development, financial crises, and the architecture of the international financial system itself. This volume reveals a much larger picture of the process of globalization, one that stretches from the establishment of a global economic system during the nineteenth century through the disruptions of two world wars and the Great Depression into the present day. The keen analysis, insight, and wisdom in this volume will have something to offer a wide range of readers interested in this important issue.

Download or read book The European Union s Trade Policies and Their Economic Effects written by Peter Hoeller and published by Organisation for Economic Co-operation and Development. This book was released on 1998 with total page 122 pages. Available in PDF, EPUB and Kindle. Book excerpt: I. Progress Towards Freer Trade: An Overview -- Internal integration improves access of third countries -- An expanding network of regional trade arrangements -- Multilateral liberalisation has kept momentum -- II. The Currrent Trade Regime in International Comparison -- -Tariff barriers are losing in importance -- Greater transparency of non-tariff barriers -- Agricultural protection remains high -- Services are undergoing major liberalisation and e-commerce takes off -- Cross-border competition issues receive more attention -- Harmonisation of standards: a response to increasing technical barriers to trade -- The EU's market access strategy -- III. Economic Effects of Trade Liberalisation -- -Eyeballing trade indicators -- Trade creation and trade diversion -- Investment and trade liberalisation -- Trade and growth -- Trade and employment -- IV. The Future Agenda -- -Cooperation on trade-related issues -- Deepening regional integration -- The multilateral agenda -- Notes -- Glossary of terms and acronyms -- Bibliography -- Annex I. The Institutional Framework and Treaty Provisions -- Annex II. Trade and Growth in the European Union.