International trade regulation and job creation

Di Ubaldo, Mattia and Winters, L Alan (2020) International trade regulation and job creation. IZA World of Labor. a75 1-10. ISSN 2054-9571

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Abstract

Trade regulation can create jobs in the sectors it protects or promotes, but almost always at the expense of destroying a roughly equivalent number of jobs elsewhere in the economy. At a product-specific or micro level and in the short term, controlling trade could reduce the offending imports and save jobs, but for the economy as a whole and in the long term, this has neither theoretical support nor evidence in its favor. Given that protection may have other—usually adverse—effects, understanding the difficulties in using it to manage employment is important for economic policy.

Item Type: Article
Keywords: employment, tariffs, protection, trade regulation
Schools and Departments: University of Sussex Business School > Economics
SWORD Depositor: Mx Elements Account
Depositing User: Mx Elements Account
Date Deposited: 07 Jun 2021 07:42
Last Modified: 07 Jun 2021 07:45
URI: http://sro.sussex.ac.uk/id/eprint/99639

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