IDEAS home Printed from https://ideas.repec.org/p/ris/kiepsp/2014_004.html

Trade Liberalization and Aggregate Matching Function in India

Author

Listed:
  • Woong Lee

    (Korea Institute for International Economic Policy)

Abstract

This article investigates the link between trade liberalization and the job matching process in India. The aggregate matching function in India is estimated by incorporating the trade openness as a proxy for trade liberalization. The monthly data are drawn from Employment Exchange in India, the only public employment service in the country. Overall, it appears that trade liberalization leads to a decline in new hires. However, the analysis of period decomposition shows that correlation between trade-to-GDP ratio and new hires is negative and significant only in the period of the Ninth Plan, 1997 to 2002, when political influence delayed economic reform. The suggestion is made that the negative relationship between trade liberalization and new job creation does not hold except for the period of political influence and thus the Indian government should continue to promote external reform.

Suggested Citation

  • Woong Lee, 2014. "Trade Liberalization and Aggregate Matching Function in India," Staff Papers 14-4, Korea Institute for International Economic Policy.
    • Handle: RePEc:ris:kiepsp:2014_004
    DOI: 10.2139/ssrn.2495192
    as

    Download full text from publisher

    File URL: http://dx.doi.org/10.2139/ssrn.2495192
    File Function: Full text
    Download Restriction: no
    File URL: https://libkey.io/10.2139/ssrn.2495192?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    Citations

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


    Cited by:

    1. Woong Lee, 2015. "Estimating Regional Matching Efficiency in the Indian Labor Market: State-Level Panel Data for 1999-2013," Working Papers 15-3, Korea Institute for International Economic Policy.
    2. Mehmet Huseyin Bilgin, 2019. "Trade Liberalization: Is It Desirable for All Developing Economies?: A Literature Review," Research in World Economy, Research in World Economy, Sciedu Press, vol. 10(3), pages 199-204, December.
    3. Woong Lee & Soon-Cheul Lee, 2020. "Estimating State-Level Matching Efficiencies in the Indian Labor Market," East Asian Economic Review, Korea Institute for International Economic Policy, vol. 24(3), pages 275-301.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F16 - International Economics - - Trade - - - Trade and Labor Market Interactions
    • J60 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - General
    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East

    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:ris:kiepsp:2014_004. See general information about how to correct material in RePEc.

    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.

    We have no bibliographic references for this item. You can help adding them by using 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Juwon Seo The email address of this maintainer does not seem to be valid anymore. Please ask Juwon Seo to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/kieppkr.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.