The Impact of Trade Prices on Employment and Wages in the United States
September 1, 1997
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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.
Subject: Employment, Export prices, Exports, Import prices, International trade, Labor, Prices, Wages
Keywords: effect of the export price, effects of export price, employment, exogenous price, export price, export price of a good, export price of a product, Export prices, Exports, Global, impact of export price, import price coefficient, Import prices, only export price indexes, price coefficient, price of a product, price of export, prices of substitute, Trade, wages, WP
Pages:
26
Volume:
1997
DOI:
Issue:
116
Series:
Working Paper No. 1997/116
Stock No:
WPIEA1161997
ISBN:
9781451942415
ISSN:
1018-5941
