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Trade-Induced Adoption of New Work

Gueyon Kim ()
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Gueyon Kim: University of California, Santa Cruz

No 2022-007, Working Papers from Human Capital and Economic Opportunity Working Group

Abstract: I study the trade-induced restructuring process using a novel measure of new work that captures the firm's demand for jobs employing new knowledge, skills, and technologies. To construct measures of new work, I identify newly emerged job titles using word embedding models. Using both regional and firm-level analyses, I find that greater import exposure causes a persistent increase in new work in managerial occupations, but a decrease in new work in other occupations. Examining the activities performed in managerial new work, I find evidence of increased investments in post-production activities such as customer support, marketing, and sales. I further show that the trade-induced increase in managerial new work is driven by college-educated workers, thereby shedding light on the role of new work adoption in the distributional consequences of import shocks.

Keywords: restructuring; word embedding models; import shocks (search for similar items in EconPapers)
JEL-codes: F16 J60 O00 (search for similar items in EconPapers)
Date: 2022-03
New Economics Papers: this item is included in nep-ban, nep-int and nep-lab
Note: MIP
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http://humcap.uchicago.edu/RePEc/hka/wpaper/Kim_20 ... doption-new-work.pdf First version, March 2022 (application/pdf)

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