International competition and labor market adjustment
| Autor(a) principal: | |
|---|---|
| Data de Publicação: | 2016 |
| Tipo de documento: | Artigo de conferência |
| Idioma: | eng |
| Título da fonte: | Repositório Institucional do FGV (FGV Repositório Digital) |
| Texto Completo: | http://hdl.handle.net/10438/17417 |
Resumo: | Evento: Ridge Workshop on Trade and Firm Dynamics |
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Pessoa, João PauloDemais unidades::RPCA2016-11-03T13:22:19Z2016-11-03T13:22:19Z2016http://hdl.handle.net/10438/17417Evento: Ridge Workshop on Trade and Firm DynamicsHow does welfare change in the short- and long-run in high wage countries when integrating with low wage economies like China? Even if consumers benefit from lower prices, there can be significant welfare losses from increases in unemployment and lower wages. I construct a dynamic multi-sectorcountry Ricardian trade model that incorporates both search frictions and labor mobility frictions. I then structurally estimate this model using cross-country sector-level data and quantify both the potential losses to workers and benefits to consumers arising from China’s integration into the global economy. I find that overall welfare increases in northern economies, both in the transition period and in the new steady state equilibrium. In import competing sectors, however, workers bear a costly transition, experiencing lower wages and a rise in unemployment. I validate the micro implications of the model using employer-employee panel data.engTradeUnemploymentEarningsChinaEconomiaEconomia - ChinaDesempregoConcorrência internacionalInternational competition and labor market adjustmentinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/conferenceObjectreponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVinfo:eu-repo/semantics/openAccessCongressosRede de Pesquisa e Conhecimento AplicadoProjetos de Pesquisa AplicadaTEXTInternational_Competition_and_Labor_Market_Adjustment.pdf.txtInternational_Competition_and_Labor_Market_Adjustment.pdf.txtExtracted 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International competition and labor market adjustment |
| title |
International competition and labor market adjustment |
| spellingShingle |
International competition and labor market adjustment Pessoa, João Paulo Trade Unemployment Earnings China Economia Economia - China Desemprego Concorrência internacional |
| title_short |
International competition and labor market adjustment |
| title_full |
International competition and labor market adjustment |
| title_fullStr |
International competition and labor market adjustment |
| title_full_unstemmed |
International competition and labor market adjustment |
| title_sort |
International competition and labor market adjustment |
| author |
Pessoa, João Paulo |
| author_facet |
Pessoa, João Paulo |
| author_role |
author |
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Demais unidades::RPCA |
| dc.contributor.author.fl_str_mv |
Pessoa, João Paulo |
| dc.subject.eng.fl_str_mv |
Trade Unemployment Earnings |
| topic |
Trade Unemployment Earnings China Economia Economia - China Desemprego Concorrência internacional |
| dc.subject.por.fl_str_mv |
China |
| dc.subject.area.por.fl_str_mv |
Economia |
| dc.subject.bibliodata.por.fl_str_mv |
Economia - China Desemprego Concorrência internacional |
| description |
Evento: Ridge Workshop on Trade and Firm Dynamics |
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2016 |
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2016-11-03T13:22:19Z |
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2016-11-03T13:22:19Z |
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2016 |
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