Wage Effects of Trade Reform with Endogenous Worker Mobility
Abstract
In this paper, we use a linked employer-employee database from Brazil to examine the impact of trade reform on the wages of workers employed at heterogeneous firms. Our analysis of data at the firm level confirms earlier findings of a differential positive effect of trade liberalization on average wages at exporting firms relative to non-exporting firms. However, the analysis of average firm-level wages is incomplete along several dimensions. First, it cannot fully account for the impact of a change in trade barriers on workforce composition, especially in terms of unobservable (time-invariant) worker characteristics (innate ability) and any additional productivity that results from employment in a specific firm (match-specific ability). Furthermore, the firm-level analysis is undertaken under the assumption that the assignment of workers to firms is random. This ignores the sorting of workers into firms and leads to a bias in estimates of the differential impact of trade on average wages at exporting firms relative to non-exporting firms. Using detailed information on worker and firm characteristics to control for compositional effects and allowing for the endogenous assignment of workers to firms due to time-invariant firm-worker match-specific productivity effects, we find an insignificant differential effect of trade openness on wages at exporting firms relative to domestic firms. We also show that workforce composition post-liberalization improves systematically in exporting firms in terms of the combination of innate worker ability and the quality of the worker-firm matches. Our findings confirm the importance of labor market matching mechanisms in determining the effects of trade policy changes on wages.Download Info
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Bibliographic Info
Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 17256.Length:
Date of creation: Jul 2011
Date of revision:
Handle: RePEc:nbr:nberwo:17256
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Keywords:Find related papers by JEL classification:
- F16 - International Economics - - Trade - - - Trade and Labor Market Interactions
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-08-09 (All new papers)
- NEP-BEC-2011-08-09 (Business Economics)
- NEP-INT-2011-08-09 (International Trade)
- NEP-LAB-2011-08-09 (Labour Economics)
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Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.Cited by:
- M. Macis & F. Schivardi, 2012.
"Exports and Wages: Rent Sharing, Workforce Composition or Returns to Skills?,"
Working Paper CRENoS
201208, Centre for North South Economic Research, University of Cagliari and Sassari, Sardinia.
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- Mario Macis & Fabiano Schivardi, 2012. "Exports and Wages: Rent Sharing, Workforce Composition or Returns to Skills?," EIEF Working Papers Series 1205, Einaudi Institute for Economic and Finance (EIEF), revised Mar 2012.
- Mario Macis & Fabiano Schivardi, 2012. "Exports and Wages: Rent Sharing, Workforce Composition or Returns to Skills?," Development Working Papers 333, Centro Studi Luca d\'Agliano, University of Milano, revised 16 Jul 2012.
- Macis, Mario & Schivardi, Fabiano, 2012. "Exports and Wages: Rent Sharing, Workforce Composition or Returns to Skills?," IZA Discussion Papers 6466, Institute for the Study of Labor (IZA).
- Gabriel J. Felbermayr & Andreas Hauptmann & Hans-Jörg Schmerer, 2012.
"International Trade and Collective Bargaining Outcomes: Evidence from German Employer-Employee Data,"
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Ifo Working Paper No. 130, Ifo Institute for Economic Research at the University of Munich.
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