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Does Competition from Emerging Countries Threaten Unskilled Labour in Europe? An Applied General Equilibrium Approach

Olivier Cortes and Sebastien Jean

Chapter 5 in Global Trade and European Workers, 1999, pp 96-122 from Palgrave Macmillan

Abstract: Abstract The growing role played by a number of developing countries in the world economy has greatly affected international trade in manufacturing products over the last 20 years. This phenomenon is likely to be accentuated by the rapid growth of demographic giants, such as, China and Indonesia. In this chapter we present an analysis of the future impact of this phenomenon on European labour markets using an applied general equilibrium model.

Keywords: Real Wage; Penetration Rate; Unskilled Worker; Unskilled Labour; Electrical Machinery (search for similar items in EconPapers)
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-27035-4_5

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DOI: 10.1007/978-1-349-27035-4_5

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