Globalization and imperfect labor market sorting

• 成果类型: Article
• 署名作者: Davidson, Carl; Heyman, Fredrik; Matusz, Steven; Sjoholm, Fredrik; Zhu, Susan Chun
• 署名单位: Michigan State University; Research Institute of Industrial Economics (IFN); Lund University
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/j.jinteco.2014.08.001
• 发表日期: 2014
• 页码: 177-194
• 关键词: Matching; GLOBALIZATION; workers; multinationals; international trade

摘要

This paper focuses on the ability of the labor market to efficiently match heterogeneous workers to jobs within a given industry and the role that globalization plays in that process. Using matched worker-firm data from Sweden, we find strong evidence that openness improves the matching between workers and firms in industries with greater comparative advantage. This suggests that there may be significant gains from globalization that have not been identified in the past globalization may improve the efficiency of the matching process in the labor market. These results remain unchanged after adding controls for technical change at the industry level or measures of domestic anti-competitive regulations and product market competition. Our results are also robust to alternative measures of the degree of matching, openness, and the trade status of an industry. (C) 2014 Elsevier B.V. All rights reserved.