An Empirical Assessment of the Impact of Trade on Employment in the United Kingdom
An Empirical Assessment of the Impact of Trade on Employment in the United Kingdom
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英国贸易对就业影响的实证评估
DOI:
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发表时间:
1999
期刊:
影响因子:
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通讯作者:
E. Rafailov
中科院分区:
文献类型:
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作者:
E. Zharkikh;Y. Loktionova;I. Kozlov;A. Zherebtsova;V. Sidorov;E. Zherebtsov;A. Dunaev;E. Rafailov
This paper investigates the impact of trade on industry level employment outcomes for a sample of 167 manufacturing industries in the United Kingdom. We build on a dynamic labour demand equation and incorporate imports and exports in a panel framework from 1979-1991. We find that increases in trade volumes, both in terms of imports and exports, cause reductions in the level of derived labour demand. This is consistent with the view that increased openness serves to increase the efficiency with which labour is utilised within the firm. Our results however find limited evidence that the potential for substituting foreign for domestic workers increases the wage elasticity of the derived labour demand function. Also, contrary to the populist view, the disciplining effects of trade with East Asia and Japan appears to be less marked than that associated with imports from the EU. Outline