Job Creation, Job Destruction, and International Competition

Title

Job Creation, Job Destruction, and International Competition

Year

2003

DOI

10.17848/9781417524426

Abstract

The authors present a picture of how the effects of international trade on employment in U.S. manufacturing industries vary widely. They explore the labor-market dynamics and adjustment costs associated with international factors, particularly the way fluctuations in exchange rates, overseas economic activity, and the altering of trade restrictions contribute to churning-the simultaneous job creation among some firms and job destruction among others.

Files

Download Introduction (96 KB)

Contents

  1. Introduction
  2. Openness
  3. Job Creation and Job Destruction
  4. Literature Review
  5. Job Flows and the Exchange Rate
  6. Regression Implementation and Results
  7. Job Flows and Trade
  8. Policy Implications
  9. Directions for Future Research

ISBN

9780880992718 (pbk.) ; 9780880992725 (cloth) ; 9781417524426 (ebook)

Subject Areas

LABOR MARKET ISSUES; Job security and unemployment dynamics; Dislocated workers; Turnover; INTERNATIONAL ISSUES; Globalization; Trade issues

Job Creation, Job Destruction, and International Competition

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Citation

Klein, Michael W., Scott Schuh, and Robert K. Triest. 2003. Job Creation, Job Destruction, and International Competition. Kalamazoo, MI: W.E. Upjohn Institute for Employment Research. https://doi.org/10.17848/9781417524426