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The Effects Of Trade And Foreign Direct Investment On Employment And Relative Wages
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Book Synopsis The effects of trade and foreign direct investment on employment and relative wages by : Robert E. Baldwin
Download or read book The effects of trade and foreign direct investment on employment and relative wages written by Robert E. Baldwin and published by . This book was released on 1995 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper summarizes and assesses recent studies on the impact of current trends in trade and direct investment on employment and wages in OECD countries. The general conclusion is that such factors as changes in labour supplies, technology and demand are more important than changes in trading patterns in accounting for changes in employment and shifts in relative wages. However, further studies are needed to understand better the employment and wage impact of foreign direct investment.
Book Synopsis The Effect of Trade and Foreign Direct Investment on Employment and Relative Wages by : Robert E. Baldwin
Download or read book The Effect of Trade and Foreign Direct Investment on Employment and Relative Wages written by Robert E. Baldwin and published by . This book was released on 1995 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis “The” Effects of Trade and Foreign Direct Investment on Employment and Relative Wages by :
Download or read book “The” Effects of Trade and Foreign Direct Investment on Employment and Relative Wages written by and published by . This book was released on 1995 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Effects of Trade and Foreign Direct Investment on Employment and Relative Wages by : Organisation for Economic Co-operation and Development
Download or read book The Effects of Trade and Foreign Direct Investment on Employment and Relative Wages written by Organisation for Economic Co-operation and Development and published by . This book was released on 1995 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The EFFECTS of Trade and Foreign Direct Investment on Employment and Relative Wages by :
Download or read book The EFFECTS of Trade and Foreign Direct Investment on Employment and Relative Wages written by and published by . This book was released on 1995 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Effects of Trade and Foreign Direct Investment on Employment and Relative Wages by :
Download or read book The Effects of Trade and Foreign Direct Investment on Employment and Relative Wages written by and published by . This book was released on 1995 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Effects of Trade and Foreign Direct Investment on Employment and Relative Wages by : Organisation de coopération et de développement économiques
Download or read book The Effects of Trade and Foreign Direct Investment on Employment and Relative Wages written by Organisation de coopération et de développement économiques and published by . This book was released on 1995 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Trade and Employment by : Bernard M. Hoekman
Download or read book Trade and Employment written by Bernard M. Hoekman and published by World Bank Publications. This book was released on 2005 with total page 37 pages. 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.
Book Synopsis The Effects of Trade and Foreign Direct Investment on Employment and Relative by : Robert E. Baldwin
Download or read book The Effects of Trade and Foreign Direct Investment on Employment and Relative written by Robert E. Baldwin and published by . This book was released on 1995 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Trade, Investment, Migration and Labour Market Adjustment by : D. Greenaway
Download or read book Trade, Investment, Migration and Labour Market Adjustment written by D. Greenaway and published by Springer. This book was released on 2002-09-06 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization and the growing integration of national markets have had profound effects on the operation of markets, not least labour markets. In this book, a range of leading commentators on globalization and labour markets present original contribution on the interaction between these two areas. This book assesses the impact of globalization on trade, cross-border investment and migration from both a theoretical and econometric standpoint and discusses the possible applications of this analysis for both industrialized and developing countries.
Book Synopsis Globalization, Wages, and the Quality of Jobs by : Raymond Robertson
Download or read book Globalization, Wages, and the Quality of Jobs written by Raymond Robertson and published by World Bank Publications. This book was released on 2009-07-17 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the early 1990s, most developing economies have become more integrated with the world s economy. Trade and foreign investment barriers have been progressively lifted and international trade agreements signed. These reforms have led to important changes in the structures of these economies. The labor markets have adjusted to these major changes, and workers were required to adapt to them in one way or another. In 2006, the Social Protection Unit of the World Bank launched an important research program to understand the impact that these profound structural changes have had on workers in developing countries. 'Globalization, Wages, and the Quality of Jobs: Five Country Studies' presents the findings and insights of this important research program. In particular, the authors present the similar experiences of low-income countries with globalization and suggest that low-income countries working conditions have improved in the sectors exposed to globalization. However, 'Globalization, Wages, and the Quality of Jobs' also highlights concerns about the sustainability of these improvements and that the positive demonstration effects on the rest of the economy are unclear. The empirical literature that exists, although vast, does not lead to a consensus view on globalization s eventual impact on labor markets. Understanding the effects of globalization is crucial for governments concerned about employment, working conditions, and ultimately, poverty reduction. Beyond job creation, improving the quality of those jobs is an essential condition for achieving poverty reduction. 'Globalization, Wages, and the Quality of Jobs' adds to the existing literature in two ways. First, the authors provide a comprehensive literature review on the current wisdom on globalization and present a micro-based framework for analyzing globalization and working conditions in developing countries. Second, the authors apply this framework to five developing countries: Cambodia, El Salvador, Honduras, Indonesia, and Madagascar. This volume will be of interest to government policy makers, trade officials, and others working to expand the benefits of globalization to developing countries.
Book Synopsis Trade, Technology, and Wage Inequality by : Gordon H. Hanson
Download or read book Trade, Technology, and Wage Inequality written by Gordon H. Hanson and published by . This book was released on 1995 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Mexico during the 1980s, the wages of more-educated, more- experienced workers rose relative to those of less-educated, less- experienced workers. We assess the extent to which the increase in the skilled-unskilled wage gap was associated with Mexico's recent trade reform. In particular, we examine whether trade reform has shifted employment towards industries that are relatively intensive in the use of skilled labor (Stolper-Samuelson-type effects). The results suggest that the rising wage gap is associated with changes internal to industries and even internal to plants that cannot be explained by Stolper-Samuelson-type effects. We also find that other characteristics associated with globalization -- such as foreign investment and export orientation -- matter. Exporting firms and joint ventures pay higher wages to skilled workers and demand more skilled labor than other firms.
Book Synopsis Foreign Investment, Outsourcing and Relative Wages by : Robert C. Feenstra
Download or read book Foreign Investment, Outsourcing and Relative Wages written by Robert C. Feenstra and published by . This book was released on 1995 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper we examine the reduction in the relative employment and wages of unskilled workers in the U.S. during the 1980's. We argue that a contributing factor to this decline was rising imports reflecting the outsourcing of production activities. In a theoretical model, we show that any increase in the Southern capital stock relative to that of the North, or neutral technological progress in the South, will increase the relative wage of skilled workers in both countries due to a shift in production activities to the South. Corresponding to this change in the relative wage is an increase in the price index of Northern activities within each industry, relative to that of the South. We confirm that this change in relative prices occurred for the U.S. and other industrialized countries relative to their trading partners. We also estimate that 15-33% of the increase in the relative wage of nonproduction (or skilled) workers in the U.S. during the 1980's is explained by rising imports.
Book Synopsis Foreign Direct Investment and Relative Wages by : Robert C. Feenstra
Download or read book Foreign Direct Investment and Relative Wages written by Robert C. Feenstra and published by . This book was released on 1995 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we examine the increase in the relative wages of skilled workers in Mexico during the 1980s. We argue that rising wage inequality in Mexico is linked to capital inflows from abroad. The effect of these capital inflows, which correspond to an increase in outsourcing by multinationals from the United States and other Northern countries, is to shift production in Mexico towards relatively skill-intensive goods thereby increasing the relative demand for skilled labor. We study the impact of foreign direct investment (FDI) on the share of skilled labor in total wages in Mexico using state-level data on two-digit industries from the Industrial Census for the period 1975 to 1988. We measure the state- level growth in FDI using data on the regional activities of foreign- owned assembly plants. We find that growth in FDI is positively correlated with the relative demand for skilled labor. In the regions where FDI has been most concentrated, growth in FDI can account for over 50 percent of the increase in the skilled labor share of total wages that occurred during the late 1980s
Book Synopsis A Regional Analysis of the Impact of Trade and Foreign Direct Investment on Wages in Mexico, 1984-2000 by : Jim Airola
Download or read book A Regional Analysis of the Impact of Trade and Foreign Direct Investment on Wages in Mexico, 1984-2000 written by Jim Airola and published by . This book was released on 2014 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The conventional Heckscher Ohlin model of trade predicts an equalizing effect of trade on wages in developing countries abundant in less-skilled labor. Contrary to these predictions, skill premiums and skill demand increased in Mexico following trade liberalization. New trade theories have offered several channels through which trade can increase relative wages and demand for skilled workers. One such channel is foreign direct investment and outsourcing. Using the Mexican Household Income and Expenditure Survey (ENIGH) covering 1984-2000, the author examines the relationship between the demand for skill and maquiladora employment across regions and states. In contrast to previous studies based on manufacturing data for the 1980s, little evidence is found that growth in maquiladora employment is positively related to the increase in relative wages or wage-bill share of more educated workers.
Book Synopsis The Labor Market Effects of Foreign-owned Firms by : Rita Almeida
Download or read book The Labor Market Effects of Foreign-owned Firms written by Rita Almeida and published by World Bank Publications. This book was released on 2004 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Immigration, Trade, and the Labor Market by : John M. Abowd
Download or read book Immigration, Trade, and the Labor Market written by John M. Abowd and published by University of Chicago Press. This book was released on 2007-12-01 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: Are immigrants squeezing Americans out of the work force? Or is competition wth foreign products imported by the United States an even greater danger to those employed in some industries? How do wages and unions fare in foreign-owned firms? And are the media's claims about the number of illegal immigrants misleading? Prompted by the growing internationalization of the U.S. labor market since the 1970s, contributors to Immigration, Trade, and the Labor Market provide an innovative and comprehensive analysis of the labor market impact of the international movements of people, goods, and capital. Their provocative findings are brought into perspective by studies of two other major immigrant-recipient countries, Canada and Australia. The differing experiences of each nation stress the degree to which labor market institutions and economic policies can condition the effect of immigration and trade on economic outcomes Contributors trace the flow of immigrants by comparing the labor market and migration behavior of individual immigrants, explore the effects of immigration on wages and employment by comparing the composition of the work force in local labor markets, and analyze the impact of trade on labor markets in different industries. A unique data set was developed especially for this study—ranging from an effort to link exports/imports with wages and employment in manufacturing industries, to a survey of illegal Mexican immigrants in the San Diego area—which will prove enormously valuable for future research.
