Labor-market adjustment in open economies - Evidence from US states

• 成果类型: Article
• 署名作者: Hanson, GH; Slaughter, MJ
• 署名单位: University of California System; University of California San Diego; National Bureau of Economic Research; University of California System; University of California San Diego; Dartmouth College; Dartmouth College; National Bureau of Economic Research
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/S0022-1996(01)00138-6
• 发表日期: 2002
• 页码: 3-29
• 关键词: factor-price equalization; technological change; regional trade; labor supply

摘要

In this paper we analyze whether regional economic integration across US states conditions local labor-market adjustment. We examine the mechanisms through which states absorb changes in labor supplies and whether industry production techniques are similar across states. There are two main findings. Firstly, states absorb changes in employment primarily through changes in production techniques that are common across states and through changes in the output of traded goods, with the former mechanism playing the larger role. In contrast, state-specific changes in production techniques, which are one indication of state-specific changes in relative factor prices, account for relatively little factor absorption. Secondly, industry production techniques are very similar across states, especially for neighboring states and states with similar relative labor supplies. Both sets of results are consistent with productivity-adjusted FPE across either large states or groupings of related states. (C) 2002 Published by Elsevier Science B.V.