Trade and Employment: Evidence from Latin America and the Caribbean

Gustavo Márquez and Carmen Pages

No 6064, IDB Publications (Working Papers) from Inter-American Development Bank

Abstract: This paper examines the impact of the recent wave of trade liberalization and economic reform on employment. Four alternative measures of openness and four measures of the real exchange rate are used to measure the impact of trade reforms on manufacturing and economy-wide employment. Across a wide range of specifications, trade reforms have had a negative, albeit small, effect on employment growth. This effect has been reinforced by real exchange rate appreciation.

Keywords: manufacturing sector; trade reform; unemployment; trade policy (search for similar items in EconPapers)
Date: 1997-07
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Related works:
Working Paper: Trade and Employment: Evidence from Latin America and the Caribbean (1998)
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Persistent link: https://EconPapers.repec.org/RePEc:idb:brikps:6064

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