Trade Liberalization and Employment in Developing Economies of the Americas
AbstractUsing an applied general equilibrium model we explore the potential effect of comprehensive trade liberalization in a selection of Latin American developing economies. Over the last decade many of these economies have suffered from high levels of unemployment, and the consequences of reform on unemployment and of unemployment on the effects of reform are critical. We take the approach of utilizing alternative labor market closures, bounding the static effect of trade reform between the neoclassical, which abstracts from unemployment issues, and a surplus labor/unemployment closure.
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Bibliographic InfoArticle provided by CEPII research center in its journal Economie Internationale.
Volume (Year): (2003)
Issue (Month): 94-95 ()
Computable General Equilibrium Models; Commercial Policy; Protection; Unemployment;
Find related papers by JEL classification:
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General
- O54 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
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