This paper discusses the measurement of production and employment effects of trade policy, and more broadly the effects of economic integration and globalization. First, it provides a broad-brush overview of the ex-post literature linking trade to performance, such as measures of worker displacement, adjustment costs, and econometric evidence on trade and wages. It then defines structural impact indexes, illustrating their use with a stylized CGE model-based assessment of the impact of EU enlargement on the transition economies. Finally, the last section discusses the gap between our ex-post experience with adjustment costs, and what ex-ante methods actually tell us.
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Find related papers by JEL classification: F16 - International Economics - - Trade - - - Trade and Labor Market Interactions F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Jacobson, Louis S & LaLonde, Robert J & Sullivan, Daniel G, 1993.
"Earnings Losses of Displaced Workers,"
American Economic Review,
American Economic Association, vol. 83(4), pages 685-709, September.
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Joseph F. Francois & Douglas Nelson, 2002.
"A Geometry Of Specialisation,"
Economic Journal,
Royal Economic Society, vol. 112(481), pages 649-678, July.
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