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Record Nr. |
UNINA9910815238503321 |
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Autore |
Hollweg Claire H |
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Titolo |
Sticky feet : how labor market frictions shape the impact of international trade on jobs and wages / / Claire H. Hollweg, Daniel Lederman, Diego Rojas, Elizabeth Ruppert Bulmer |
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Pubbl/distr/stampa |
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Washington, DC : , : World Bank, , [2014] |
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ISBN |
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Descrizione fisica |
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1 online resource (pages cm) |
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Collana |
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Directions in Development |
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Disciplina |
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Soggetti |
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Business cycles - Developing countries |
Labor market - Developing countries |
Labor mobility - Developing countries |
Wages - Developing countries |
Developing countries Commerce |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Note generali |
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Description based upon print version of record. |
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Nota di bibliografia |
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Includes bibliographical references. |
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Nota di contenuto |
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Front Cover; Contents; Acknowledgments; About the Authors; Abbreviations; Executive Summary; Linking Trade Reforms and Labor Outcomes; Two Cost Metrics: Labor Mobility and Labor Adjustment; Analytical Tools; Main Findings; Policy Implications; Note; References; Chapter 1 Introduction; Overview; Labor Mobility and Labor Adjustment Costs Defined; Box 1.1 Estimating Labor Mobility and Adjustment Costs Using a Structural Choice Model; Measurement Challenges; Box; Table 1.1 Analytical Tools for Estimating Labor Mobility and Adjustment Costs; Tables; Scope of the Report; References |
Chapter 2 Workers' Sticky Feet, Not Rusty Firms: Evidence from the Literature Abstract; Figure 2.1 Marginal Responses of Average Employment to Aggregate Shocks Are Significant; Figure 2.2 Firm Labor Adjustment Costs Are Lower in Developing Countries; Figures; Notes; References; Chapter 3 Mapping Labor Mobility and Labor Adjustment Costs around the World; Abstract; Labor Mobility Costs around the World; Figure 3.1 A Graphic Representation of Labor Mobility Costs; Table 3.1 Average Labor Mobility Costs in Developing and Developed Countries; Correlates of Labor Mobility Costs |
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Map 3.1 Average Labor Mobility Costs Figure 3.2 Labor Mobility Costs Are Correlated with Country Characteristics; Map; Mobility Costs in Action: Simulations of Adjustment Dynamics; Figure 3.3 Average Real Wages Tend to Recover after Trade Liberalization but Take Time to Return to Steady State; Labor Adjustment Costs: How Much Are Workers Losing Out?; Figure 3.4 Forgone Gains from Trade Rise with Mobility Costs; Notes; References; Chapter 4 Mobility Costs, Adjustment Costs, and Employment Structure in Developing Economies: Four Case Studies; Abstract |
Firm Costs versus Worker Costs: The Case of Argentina Figure 4.1 Argentina's Sluggish Economic Responses under Costly Capital and Labor Adjustment; Table 4.1 Firm Behavior with and without Capital Adjustment Costs: Firms Adjust Capital by More, and More Quickly without Adjustment Costs, but Not Labor; Labor Mobility Costs across Industries: The Case of Mexico; Table 4.2 Gross Flows of Formal Sector Workers across Industries Are Similar in the United States and Mexico; Table 4.3 Labor Mobility Costs Are Higher in Mexico than the United States |
Table 4.4 Labor Mobility Costs in Mexico: Do Skills Play a Role?Role of Informal Employment: The Cases of Brazil, Mexico, and Morocco; Table 4.5 Informality as an Entry Point into Employment: Worker Transitions in Morocco, Mexico, and Brazil; Table 4.6 Stepping-Stone Sectors to Formality: Labor Mobility Cost Estimates for Morocco, Mexico, and Brazil; Figure 4.2 Informal Employment Increases after a Positive Trade Shock because Previously Inactive Workers Enter the Labor Force; Role of Firm Size: The Cases of Costa Rica and Morocco |
Figure 4.3 Does Firm Size Affect Labor Mobility Costs in Costa Rica and Morocco? |
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Sommario/riassunto |
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The analysis in this report confirms the findings of previous studies that trade liberalization improves aggregate welfare and is in the long run associated with higher employment and wages. The analysis addresses a major gap in the literature, which has heretofore provided limited evidence about the trade-related adjustment costs faced by workers in developing countries and how they are affected by mobility costs. Labor market frictions reduce the potential gains from trade reform. For a tariff reduction in a given sector, the resulting change in relative prices raises real wages in some sect |
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