 The Impact of Trade Liberalization on Employment, Capital and Productivity DynamicsNestor Gandelman, Carlos Casacuberta and Gabriela Fachola No 97, Econometric Society 2004 Latin American Meetings from Econometric Society Abstract: This paper studies the impact of trade liberalization on labor and capital gross flows and productivity in the Uruguayan Manufacturing Sector. Uruguay opened its economy in the presence of strong –at least initially- unions and structural different industry concentration levels. Higher international exposure implied a slightly higher job creation and an important increase in job and capital destruction. Unions were able to ameliorate this effect. Although not associated with higher creation rates, unions were effective in reducing job and capital destruction. Industry concentration also was found to mitigate the destruction of jobs but had no effect on job creation nor in capital dynamics. The changes in the use of labor and capital brought an increase in total factor productivity specially in sectors where tariff reductions were larger and unions were not present. We found no evidence of varying productivity dynamics across different industry concentration levels Keywords: job creation; job destruction; total factor productivity (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ecm:latm04:97 Access Statistics for this paper More papers in Econometric Society 2004 Latin American Meetings from Econometric Society Contact information at EDIRC. |
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