The Impact of Trade Prices on Employment and Wages in the United States

Author/Editor:

Dalia S Hakura

Publication Date:

September 1, 1997

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

This paper investigates the sensitivity of sectoral employment and wages in the United States to changes in foreign trade prices for 1980–90. Previous studies have concentrated mainly on the impact of changes in import prices on employment and wage levels. This paper estimates the impact of changes in both import and export prices on employment and wages in each of 12 three-digit standard industrial classification (SIC) manufacturing sectors. The basic conclusion is that, for most sectors, changes in trade prices do not have significant effects on employment and wages, although they generally have a larger impact on employment than on wages.

Series:

Working Paper No. 1997/116

Subject:

Employment Export prices Exports Import prices International trade Labor Prices Wages

English

Publication Date:

September 1, 1997

ISBN/ISSN:

9781451942415/1018-5941

Stock No:

WPIEA1161997

Pages:

26

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