International trade and unemployment: Theory and cross-national evidence

• 成果类型: Article
• 署名作者: Dutt, Pushan; Mitra, Devashish; Ranjan, Priya
• 署名单位: Syracuse University; INSEAD Business School; University of California System; University of California Irvine
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/j.jinteco.2009.02.005
• 发表日期: 2009
• 页码: 32-44
• 关键词: trade; search; unemployment; Ricardian; Heckscher-Ohlin

摘要

We present a model of trade and search-induced unemployment, where trade results from Heckscher-Ohlin (H-O) and/or Ricardian comparative advantage. Using cross-country data on trade policy, unemployment, and various controls, and controlling for endogeneity and measurement-error problems, we find fairly strong and robust evidence for the Ricardian prediction that unemployment and trade openness are negatively related. This effect dominates the positive H-O effect of trade openness on unemployment for capital-abundant countries, which turns negative for labor-abundant countries. Using panel data, we find an unemployment-increasing short-run impact of trade liberalization, followed by an unemployment-reducing effect leading to the new steady state. (C) 2009 Elsevier B.V. All rights reserved.