Trade, Job Destruction and Job Creation in European Manufacturing

This paper examines the effects of international trade with the newly industrialized Asian economies on the labor markets of Germany, France, Italy and the United Kingdom. The analysis confirms that, despite the growing importance of this trade, the problems of the European labor market can hardly b...

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Veröffentlicht in:Open economies review 1999-05, Vol.10 (2), p.165-184
Hauptverfasser: Bentivogli, Chiara, Pagano, Patrizio
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description This paper examines the effects of international trade with the newly industrialized Asian economies on the labor markets of Germany, France, Italy and the United Kingdom. The analysis confirms that, despite the growing importance of this trade, the problems of the European labor market can hardly be explained by the increase in imports of manufactures from the Nies. While job destruction appears completely independent from the trade flows with the emerging Asian economies, the evidence on job creation is less clear cut. In two cases imports appear to have depressed employment dynamics, but in another exports turn out to have stimulated it. The most striking evidence is on sector-specific features and individual characteristics, such as sector of (last) employment, sex and education: these variables appear to be much more important than trade in explaining individuals' positions in the labor market.
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subjects Economic conditions
Economic theory
Education
Employment
Employment creation
Europe
Gender
International trade
Job creation
Labor market
Labour market
Males
Manufacturing
Manycompanies
Newly industrializing countries
Population
Regression analysis
Studies
Trade
Trade flows
Unemployment
title Trade, Job Destruction and Job Creation in European Manufacturing
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