Trade, Jobs, and Inequality /

This paper examines the impact of trade on employment, wages, and other outcomes across countries and explores the conditions and policies that help spread the gains from trade more evenly throughout the population. We exploit a large global firm-level dataset to examine the impact of import competi...

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Автор: Beaton, Kimberly
Інші автори: Cerra, Valerie, Hadzi-Vaskov, Metodij
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2021.
Серія:IMF Working Papers; Working Paper ; No. 2021/178
Предмети:
Онлайн доступ:Full text available on IMF
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100 1 |a Beaton, Kimberly. 
245 1 0 |a Trade, Jobs, and Inequality /  |c Kimberly Beaton, Valerie Cerra, Metodij Hadzi-Vaskov. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2021. 
300 |a 1 online resource (44 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper examines the impact of trade on employment, wages, and other outcomes across countries and explores the conditions and policies that help spread the gains from trade more evenly throughout the population. We exploit a large global firm-level dataset to examine the impact of import competition on employment, wages, and firm performance, as well as the firm, industry, and country factors that mitigate any negative impact of an import shock. In contrast to the results of some well-known single-country studies, we find limited adverse impact of import competition. In some countries and industries, import competition actually strengthens employment growth. In addition, import competition tends to improve average wages, investment, and firm profitability. Country characteristics, such as educational attainment, can also improve employment prospects in response to trade shocks. Finally, we find that firms experiencing greater import competition start with higher average wages; thus any relatively slower employment growth in this group of firms could lead to lower inequality. 
538 |a Mode of access: Internet 
650 7 |a Economic Growth of Open Economies  |2 imf 
650 7 |a Economic Integration  |2 imf 
650 7 |a Empirical Studies of Trade  |2 imf 
650 7 |a Trade and Labor Market Interactions  |2 imf 
650 7 |a Welfare, Well-Being, and Poverty  |2 imf 
700 1 |a Cerra, Valerie. 
700 1 |a Hadzi-Vaskov, Metodij. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2021/178 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2021/178/001.2021.issue-178-en.xml  |z IMF e-Library