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Is an Integrated Regional Labor Market Emergin in East and Southeast Asia?

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  • David E. Bloom
  • Waseen Noor

Abstract

We examine labor market integration in east and southeast Asia (ESEA) during the 1980s, focusing on intraregional labor mobility and on the two other main channels of integration: capital mobility and trade. We find evidence that labor market integration increased sharply among ESEA countries in the 1980s, with 9 percent of ESEA's labor force participating either directly via labor mobility or indirectly via capital mobility or trade in cross-national labor market transactions in 1991, up from just 5.2 percent in 1980. We also find that trade is the dominant mechanism through which regional labor market integration occurred in the 1980s, with labor migration contributing only modestly to the process.

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Bibliographic Info

Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number 5174.

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Date of creation: Jul 1995
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Publication status: published as Campbell, Duncan, Aurelio Parisotto, Anil Verma, and Asma Lateef (eds.) Regionalization and Labour Market Interdependence in East and Southeast Asia. New York: St. Martin’s Press, 1997.
Handle: RePEc:nbr:nberwo:5174

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  1. Assaf Razin & Efraim Sadka, 1992. "International Migration and International Trade," NBER Working Papers 4230, National Bureau of Economic Research, Inc.
  2. Robert E. Baldwin, 1995. "The Effects of Trade and Foreign Direct Investment on Employment and Relative Wages," NBER Working Papers 5037, National Bureau of Economic Research, Inc.
  3. Martin Feldstein & Charles Horioka, 1979. "Domestic Savings and International Capital Flows," NBER Working Papers 0310, National Bureau of Economic Research, Inc.
  4. repec:sae:niesru:v:145:y::i:1:p:43-63 is not listed on IDEAS
  5. Montiel, Peter J, 1994. "Capital Mobility in Developing Countries: Some Measurement Issues and Empirical Estimates," World Bank Economic Review, World Bank Group, World Bank Group, vol. 8(3), pages 311-50, September.
  6. Frederic S. Mishkin, 1982. "Are Real Interest Rates Equal Across Countries? An Empirical Investigation of International Parity Conditions," NBER Working Papers 1048, National Bureau of Economic Research, Inc.
  7. Rodrik, Dani, 1994. "King Kong Meets Godzilla: The World Bank and The East Asian Miracle," CEPR Discussion Papers, C.E.P.R. Discussion Papers 944, C.E.P.R. Discussion Papers.
  8. Jeffrey A. Frankel, 1985. "International capital mobility and crowding-out in the U.S. economy: imperfect integration of financial markets or of goods markets?," Proceedings, Federal Reserve Bank of St. Louis, Federal Reserve Bank of St. Louis, pages 33-74.
  9. Malcolm J. Macmillen, 1982. "The Economic Effects of International Migration: A Survey," Journal of Common Market Studies, Wiley Blackwell, Wiley Blackwell, vol. 20(3), pages 245-267, 03.
  10. Haque, Nadeem U. & Montiel, Peter, 1991. "Capital mobility in developing countries: Some empirical tests," World Development, Elsevier, Elsevier, vol. 19(10), pages 1391-1398, October.
  11. David E. Bloom & Adi Brender, 1993. "Labor and the Emerging World Economy," NBER Working Papers 4266, National Bureau of Economic Research, Inc.
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