| AutorIn 1: | ||||
| Autor, David H. | ||||
| HerausgeberIn 1: | ||||
| Institute of Labor Economics (IZA) | ||||
| Titel: | ||||
| Trade and labor markets: Lessons from China’s rise | ||||
| Untertitel: | ||||
| The China Shock has challenged economists’ benign view of how trade integration affects labor markets in developed countries | ||||
| Ort: | ||||
| Bonn | ||||
| Verlag: | ||||
| Institute of Labor Economics (IZA) | ||||
| Jahr: | ||||
| 2018 | ||||
| Abstract: | ||||
| "(...) Economists have long recognized that free trade has the potential to raise countries’ living standards. But
what applies to a country as a whole need not apply to all its citizens. Workers displaced by trade cannot change
jobs costlessly, and by reshaping skill demands, trade integration is likely to be permanently harmful to some
workers and permanently beneficial to others. The “China Shock”—denoting China’s rapid market integration in
the 1990s and its accession to the World Trade Organization in 2001—has given new, unwelcome empirical
relevance to these theoretical insights. (...)" [trade adjustment, manufacturing, non-college workers, China Shock] | ||||
Download: hier klicken (PDF 641 KB)URL: |  Institute of Labor Economics (IZA) | |||