IDEAS home Printed from https://ideas.repec.org/a/eaa/eerese/v11y2011i2_10.html
   My bibliography  Save this article

Industry, Fair Competition And Trade In Oecd Countries: Impact On Wages And On Employment By Sector, 2000-2010

Author

Listed:
  • GUISAN, Maria-Carmen

Abstract

For the period 2004-2010 many OECD countries have experienced a decline in industrial real value-added per capita with negative consequences for domestic economic development, and labour markets, not only in industry but also in services and other production sectors. Free competition policies lead to unfair competition when taxes, and other compulsory costs, are much stronger for domestic industry than for massive imports from other countries. Unfair competition has a negative effect on economic development when it leads to industrial decline and unsustainable trade deficits. Industrial decline has usually negative impacts on real wages and rates of total employment in the domestic market. Here we analyze industrial development in six OECD countries: France, Germany, Italy, Spain, United Kingdom and the United States, for the period 2000-2010. We present an econometric model that relates industry and trade balance and recommend policies addressed to avoid industrial decline in OECD countries.

Suggested Citation

  • GUISAN, Maria-Carmen, 2011. "Industry, Fair Competition And Trade In Oecd Countries: Impact On Wages And On Employment By Sector, 2000-2010," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 11(2).
  • Handle: RePEc:eaa:eerese:v:11:y2011:i:2_10
    as

    Download full text from publisher

    File URL: http://www.usc.es/economet/reviews/eers11210.pdf
    Download Restriction: No.

    References listed on IDEAS

    as
    1. GUISAN, Maria-Carmen, 2011. "Industry, Foreign Trade and Employment in EU Countries; Comparison of France, Germany, Italy, Spain and the UK with the United States," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 11(2).
    2. Guisan, M.C., 2006. "Industry, Foreign Trade and Development: Econometric Models of Europe and North America, 1965-2003," International Journal of Applied Econometrics and Quantitative Studies, Euro-American Association of Economic Development, vol. 3(1), pages 5-30.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Guisan, M.C. & Exposito, P., 2013. "Employment, Production and Income by Sector in Spain: Econometric Models and Comparison with Germany and the United States, 1965-2010," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 13(1), pages 78-90.

    More about this item

    Keywords

    Industry; OECD Countries; Wages; Employment; Trade of goods;

    JEL classification:

    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling
    • E23 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Production
    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • J30 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - General
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • O51 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eaa:eerese:v:11:y2011:i:2_10. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (M. Carmen Guisan). General contact details of provider: http://www.usc.es/economet/eaa.htm .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.