The Effects of Trade and Foreign Direct Investment on Employment and Relative Wages
AbstractThis paper summarizes and assesses recent studies on the impact of current trends in trade and direct investment on employment and wages in OECD countries. The general conclusion is that such factors as changes in labour supplies, technology and demand are more important than changes in trading patterns in accounting for changes in employment and shifts in relative wages. However, further studies are needed to understand better the employment and wage impact of foreign direct investment.
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Bibliographic InfoPaper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 5037.
Date of creation: Feb 1995
Date of revision:
Publication status: published as OECD Economic Studies, Vol. 23 (Winter 1994): 7-54.
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Other versions of this item:
- Robert E. Baldwin, 1995. "The Effects of Trade and Foreign Direct Investment on Employment and Relative Wages," OECD Jobs Study Working Papers 4, OECD Publishing.
- F10 - International Economics - - Trade - - - General
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