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The Impact of Foreign Trade on the Employment of Unskilled U.S. Workers: Some New Evidence
Author(s) -
Pryor Frederic L.
Publication year - 1999
Publication title -
southern economic journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.762
H-Index - 58
eISSN - 2325-8012
pISSN - 0038-4038
DOI - 10.1002/j.2325-8012.1999.tb00171.x
Subject(s) - foreign direct investment , economics , competition (biology) , labour economics , international economics , investment (military) , international trade , empirical evidence , macroeconomics , ecology , philosophy , epistemology , politics , political science , law , biology
This paper explores four empirical relationships reflecting the impact of foreign trade on the employment of unskilled workers: (i) the direct relationship between net exports and embodied education of the corresponding goods; (ii) the changes in domestic prices accompanying changes in net exports; (iii) the relationship between real or potential import competition and defensive measures such as more investment or increasing the skill level of the labor force; and (iv) the relationship between foreign trade and domestic prices. None of these exercises suggests that foreign trade has much impact on the employment of less skilled U.S. workers.