Protectionism and the argument for creating jobs at home

Ignat Stepanok
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Ignat Stepanok: Institute for Employment Research (IAB), Nuremberg, Germany

IAB-Forum, 2019, vol. 2019, issue 05|May, 1-23.01

Abstract: "In the political debate, trade protectionism has been frequently associated with keeping and increasing the number of jobs at home. The argument is, however, not so simple, since international trade in products and services is organised within global value chains. Goods that are further processed and not used for final consumption play a key role in international commerce. Increasing trade barriers for those so-called 'intermediates' can be particularly costly for an economy and lead to job losses in connected industries." (Author's abstract, IAB-Doku) ((en))

Keywords: Außenhandelspolitik; Beschäftigungseffekte; Handelshemmnis; Protektionismus (search for similar items in EconPapers)
Date: 2019-05-23
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