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Job Creation, Job Destruction, and International Competition

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Author Info

  • Michael W. Klein

    (Tufts University)

  • Scott Schuh

    (Federal Reserve Bank of Boston)

  • Robert K. Triest

    (Federal Reserve Bank of Boston)

Abstract

The authors present a picture of how the effects of international trade on employment in U.S. manufacturing industries vary widely. They explore the labor-market dynamics and adjustment costs associated with international factors, particularly the way fluctuations in exchange rates, overseas economic activity, and the altering of trade restrictions contribute to churning-the simultaneous job creation among some firms and job destruction among others.

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File URL: http://research.upjohn.org/cgi/viewcontent.cgi?article=1051&context=up_bookchapters
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Bibliographic Info

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This book is provided by W.E. Upjohn Institute for Employment Research in its series Books from Upjohn Press with number jcjd and published in 2003.

ISBN: cloth 9780880992725 paper 9780880992718
Handle: RePEc:upj:ubooks:jcjd

Note: PDF is the book's first chapter.
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Related research

Keywords: job creation; job destruction; trade; international trade; international competition; exchange rates;

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Citations

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Cited by:
  1. Luca Marchiori & Olivier Pierrard & Henri R. Sneessens, 2011. "Demography, capital flows and unemployment," BCL working papers 69, Central Bank of Luxembourg.
  2. Egger, Hartmut & Egger, Peter & Kreickemeier, Udo, 2011. "Trade, Wages, and Profits," CEPR Discussion Papers 8727, C.E.P.R. Discussion Papers.
  3. Edgar Trujillo C. & Carlos Esteban Posada, . "El Proteccionismo No Arancelario Y La Coyuntura Económica: El Caso Colombiano Reciente (1990-2005)," Borradores de Economia 399, Banco de la Republica de Colombia.
  4. Egger, Peter & Pfaffermayr, Michael & Weber, Andrea, 2003. "Sectoral Adjustment of Employment: The Impact of Outsourcing and Trade at the Micro Level," IZA Discussion Papers 921, Institute for the Study of Labor (IZA).
  5. Italo Colantone, 2012. "Trade openness, real exchange rates and job reallocation: evidence from Belgium," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 148(4), pages 669-706, December.
  6. Mark Gius, 2006. "Using Panel Data to Estimate the Effect of the North American Free Trade Agreement on Employment and Wages at the State Level," New York Economic Review, New York State Economics Association (NYSEA), vol. 37(1), pages 20-31.

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