Trade liberalization, unemployment and adjustment: evidence from NAFTA using state level data

被引:2
|
作者
Francis, John [2 ]
Zheng, Yuqing [1 ]
机构
[1] Cornell Univ, Dept Appl Econ & Management, Ithaca, NY 14850 USA
[2] Louisiana Tech Univ, Dept Econ & Finance, Ruston, LA 71270 USA
关键词
UNITED-STATES; EMPLOYMENT; LABOR; IMPACT; RATES; WAGES;
D O I
10.1080/00036840903194212
中图分类号
F [经济];
学科分类号
02 ;
摘要
This article specifies a supply and demand model of the labour market to examine the effects of North American Free Trade Agreement (NAFTA) on the US labour market. Regression results suggest that NAFTA decreased yearly unemployment growth by 4.4%. Equivalently, NAFTA brought a structural break to the US state level unemployment. The second finding is that the labour market began feeling the impact of NAFTA immediately after its implementation and the labour market has continued to feel its effects probably through 2001.
引用
收藏
页码:1657 / 1671
页数:15
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