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International Trade and Manufacturing Employment Outcomes in India: A Comparative Study

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Sen, Kunal
Abstract

The Indian economy has observed significant trade reforms since the mid 1980s, and the Indian manufacturing sector has rapidly increased its integration with the world economy. In this paper, we ask the question: did the increased trade integration create or destroy jobs in the Indian manufacturing sector? We attempt to answer this question by employing a variety of methodological approaches ? factor content, growth accounting and econometric modelling. We also compare India?s employment outcomes with four other countries ? Bangladesh, Kenya, South Africa, and Vietnam ? where similar methodological approaches were used. We find that the impact of international trade on manufacturing employment seems to be similar to those found for the two African countries ? Kenya and South Africa ? rather than the two Asian countries ? Bangladesh and Vietnam. Thus, the overall effect of international trade on manufacturing employment has been minimal, a surprising result for a country with an apparent comparative advantage in labour-intensive manufacturing goods, and a large excess supply of unskilled labour.

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Paper provided by World Institute for Development Economic Research (UNU-WIDER) in its series Working Papers with number RP2008/87.

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Length: 26 pages
Date of creation: 2008
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Handle: RePEc:unu:wpaper:rp2008-87

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Keywords: international trade; manufacturing; employment; India;

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  2. Arellano, Manuel & Bond, Stephen, 1991. "Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations," Review of Economic Studies, Blackwell Publishing, vol. 58(2), pages 277-97, April. [Downloadable!] (restricted)
  3. Greenaway, David & Hine, Robert C. & Wright, Peter, 1999. "An empirical assessment of the impact of trade on employment in the United Kingdom," European Journal of Political Economy, Elsevier, vol. 15(3), pages 485-500, September. [Downloadable!] (restricted)
  4. Hine, Robert C & Wright, Peter W, 1998. "Trade with Low Wage Economies, Employment and Productivity in UK Manufacturing," Economic Journal, Royal Economic Society, vol. 108(450), pages 1500-1510, September. [Downloadable!] (restricted)
  5. Milner, Chris & Wright, Peter, 1998. "Modelling Labour Market Adjustment to Trade Liberalisation in an Industrialising Economy," Economic Journal, Royal Economic Society, vol. 108(447), pages 509-28, March. [Downloadable!] (restricted)
  6. Timothy Besley & Robin Burgess, 2002. "Can Labour Regulation Hinder Economic Performance? Evidence from India," STICERD - Development Economics Papers 33, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE. [Downloadable!]
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  7. Horn, Henrik & Lang, Harald & Lundgren, Stefan, 1995. "Managerial effort incentives, X-inefficiency and international trade," European Economic Review, Elsevier, vol. 39(1), pages 117-138, January. [Downloadable!] (restricted)
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  8. Harrison, Ann E., 1994. "Productivity, imperfect competition and trade reform : Theory and evidence," Journal of International Economics, Elsevier, vol. 36(1-2), pages 53-73, February. [Downloadable!] (restricted)
  9. Martin, John P & Evans, John M, 1981. "Notes on Measuring the Employment Displacement Effects of Trade by the Accounting Procedure," Oxford Economic Papers, Oxford University Press, vol. 33(1), pages 154-64, March. [Downloadable!] (restricted)
  10. Levinsohn, James, 1993. "Testing the imports-as-market-discipline hypothesis," Journal of International Economics, Elsevier, vol. 35(1-2), pages 1-22, August. [Downloadable!] (restricted)
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  11. Arvind Panagariya, 2007. "Why India Lags Behind China and How It Can Bridge the Gap," The World Economy, Blackwell Publishing, vol. 30(2), pages 229-248, 02. [Downloadable!] (restricted)
  12. V. N. Balasubramanyam, 2003. "India: Trade Policy Review," The World Economy, Blackwell Publishing, vol. 26(9), pages 1357-1368, 09. [Downloadable!] (restricted)
  13. Richard Palmer-Jones & Kunal Sen, 2003. "What has luck got to do with it? A regional analysis of poverty and agricultural growth in rural India," The Journal of Development Studies, Taylor and Francis Journals, vol. 40(1), pages 1-31, January. [Downloadable!] (restricted)
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