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Gravity with unemployment
dc.contributor.author | Heid, Benedikt Sebastian | |
dc.contributor.author | Larch, Mario | |
dc.date.accessioned | 2024-02-27T13:35:58Z | |
dc.date.available | 2024-02-27T13:35:58Z | |
dc.date.issued | 2016-05-10 | |
dc.identifier.citation | Heid, Benedikt, and Mario Larch. "Gravity with unemployment." Journal of International Economics 101 (2016): 70-85. | ca_CA |
dc.identifier.issn | 0022-1996 | |
dc.identifier.issn | 1873-0353 | |
dc.identifier.uri | http://hdl.handle.net/10234/206058 | |
dc.description.abstract | Quantifying the welfare effects of trade liberalization is a core issue in international trade. Existing frameworks assume perfect labor markets and therefore ignore the effects of aggregate employment changes for welfare. We develop a quantitative trade framework which explicitly models labor market frictions. To illustrate, we assess the effects of trade and labor market reforms for 28 OECD countries. Welfare effects of trade agreements are typically magnified when accounting for employment changes. While employment and welfare increase in most countries, some experience higher unemployment and lower welfare. Labor market reforms in one country have small positive spillover effects on trading partners. | ca_CA |
dc.format.extent | 16 p. | ca_CA |
dc.format.mimetype | application/pdf | ca_CA |
dc.language.iso | eng | ca_CA |
dc.publisher | Elsevier | ca_CA |
dc.relation.isPartOf | Journal of International Economics 101 (2016) 70–85 | ca_CA |
dc.relation.uri | https://ars.els-cdn.com/content/image/1-s2.0-S0022199616300435-mmc1.pdf | ca_CA |
dc.rights | © 2016 Elsevier B.V. All rights reserved | ca_CA |
dc.rights.uri | http://creativecommons.org/licenses/by-nc-nd/4.0/ | ca_CA |
dc.subject | welfare effects of trade | ca_CA |
dc.subject | quantitative trade theory | ca_CA |
dc.subject | unemployment | ca_CA |
dc.subject | trade costs | ca_CA |
dc.subject | structural estimation | ca_CA |
dc.subject | gravity equation | ca_CA |
dc.title | Gravity with unemployment | ca_CA |
dc.type | info:eu-repo/semantics/article | ca_CA |
dc.subject.jel | F14 | ca_CA |
dc.subject.jel | F16 | ca_CA |
dc.subject.jel | F13 | ca_CA |
dc.subject.jel | F17 | ca_CA |
dc.identifier.doi | https://doi.org/10.1016/j.jinteco.2016.03.008 | |
dc.rights.accessRights | info:eu-repo/semantics/openAccess | ca_CA |
dc.type.version | info:eu-repo/semantics/acceptedVersion | ca_CA |
dc.subject.ods | 8. Trabajo decente y crecimiento económico | ca_CA |
dc.subject.ods | 9. Industria, innovacion e infraestructura | ca_CA |
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