International competition and employment

Tobias Seidel

Economics Letters, 2010, vol. 107, issue 2, 214-216

Abstract: I study employment and welfare effects of international competition in a model with imperfect labor markets. In contrast to the well-established result that trade liberalization has ambiguous welfare effects under perfect labor markets, I show that the employment effect may raise welfare unambiguously.

Keywords: Competition; Trade; Unemployment; Fair; wages (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolet:v:107:y:2010:i:2:p:214-216

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