Labour Market Effects of Trade With LDCs in Europe

Mathias Dewatripont · André Sapir · Khalid Sekkat

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Global trade and economics Historical Economic and Social Studies Labor market dynamics and wage inequality

Abstract

Abstract This chapter examines the impact of trade with less developed countries (LDCs) on long-term unemployment, wage dispersion, and the skill content of employment in northern Europe. The results did not identify any long-term problems with unemployment from LDC import penetration. Trade has at most a second-order effect on European labour markets, and this effect is dominated by technological factors.

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References

1995Growing World Trade: Causes and Consequences 1994North-South trade, employment and inequality: changing fortunes in a skill-driven world 1993International Trade and American Wages in the 1980s: Giant Sucking Sound or Small Hiccup?1992Exporting Jobs?: The Impact of Import Competition on Employment and Wages in U. S. Manufacturing 1994Trade and Jobs in U.S. Manufacturing 2000The Choice of Structural Model in Trade–Wages Decompositions 1999Trade, Job Destruction and Job Creation in European Manufacturing 2000Demand Side Considerations and the Trade and Wages Debate

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