The Effect of International Trade on Labour - Demand Elasticities : Intersectoral Matters 2 T ABLE OF C ONTENTS
نویسنده
چکیده
..........................................................................................................................................3 RÉSUMÉ ...............................................................................................................................................4 INTRODUCTION.................................................................................................................................5 I. INTERNATIONAL TRADE AND LABOUR-DEMAND ELASTICITY IN THE MAIN THEORIES ........................................................................................................................6 A. What is at stake?...................................................................................................................6 B. Lessons from the neo-classical theory of international trade ........................................7 C. Lessons from the new trade theories .................................................................................8 D. An intermediate approach: aggregate scale effect and sectoral specialisation, in a context of finite elasticities ...........................................................................................9 II. TRADE OPENNESS AND THE AGGREGATE SCALE EFFECT: A SIMPLE MODEL .......................................................................................................................................10 A. The set-up ............................................................................................................................11 B. The employment cost of a wage constraint for unskilled labour: comparative statics for small changes ....................................................................................................13 C. Empirical assessment..........................................................................................................18 CONCLUSION ...................................................................................................................................20 REFERENCES .....................................................................................................................................21 ANNEX: SOME DETAILS ABOUT THE CALCULATIONS......................................................22 LIST OF WORKING PAPERS RELEASED BY CEPII ...............................................................23 CEPII, Document de travail n° 00-07
منابع مشابه
Internationalization of SMEs and Their Income-Price Effects on Export Market: a Case of the Selected Asian Countries
International trade causes that markets to become more competitive and small-medium sized enterprises (SMEs) learn to compete effectively within this increasingly competitive global market place. SMEs are able to take advantage of increased opportunities in domestic markets that follow from international trade. It is indeed a way for internationalization of SMEs. This paper analyzes income and...
متن کاملTrade and Labour Demand Elasticity in Imperfect Competition: Theory and Evidence
In recent years, a growing body of the literature in international trade tried to investigate whether openness has been increasing labour demand elasticities. From a labour theory perspective in partial equilibrium, the Allen-Hamermesh theoretical framework became one of the few general frameworks to refer to1. This theory states that labour demand elasticity should be positively affected by it...
متن کاملتجارت بینالملل، واردات فنآوری و تقاضای مهارت در ایران
In many Developing Countries liberalization of international trade has been accompanied by demand for skilled labour and inequalityof wages.Thisphenomenon seems to be inconsistant with the Stopler- Samuelson Theorem.Studies in this respect show that imported high –tech capital andintermediate goods are skill-based, thus increasing the relative demand for skilled labour. In such circumsta...
متن کاملForeign Trade and International Financial Flows: Implications for Economic Stability in the Selected ECOWAS Countries
T his study investigates the effects of extra-ECOWAS merchandise trade and investment flows on the transmission of business cycles in the selected ECOWAS between 1985 and 2014. The study finds that total trade and foreign direct investment (FDI) significantly influence the transmission of business cycles with elasticities of 1.1 and 0.7, respectively in the long run. There are little vari...
متن کامل