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dc.contributor.authorDix-Carneiro, Rafaelen_US
dc.date.accessioned2012-01-19en_US
dc.date.accessioned2012-04-26T12:03:07Z-
dc.date.available2012-04-26T12:03:07Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/57626-
dc.description.abstractI study trade-induced transitional dynamics by estimating a structural dynamic equilibrium model of the Brazilian labor market. The model features a multi-sector economy with overlapping generations, heterogeneous workers, endogenous accumulation of sector-specific experience and costly switching of sectors. The model's estimates yield median costs of mobility ranging from 1.4 to 2.7 times annual average wages, but a high dispersion across the population. In addition, sector-specific experience is imperfectly transferable across sectors, leading to additional barriers to mobility. Using the estimated model for counter-factual trade liberalization experiments, the main findings are: (1) there is a large labor market response following trade liberalization but the transition may take several years; (2) potential aggregate welfare gains are significantly mitigated due to the delayed adjustment; (3) trade-induced welfare effects depend on initial sector of employment and on worker demographics. The experiments also highlight the sensitivity of the transitional dynamics with respect to assumptions regarding the mobility of capital.en_US
dc.language.isoengen_US
dc.publisherWorld Trade Organization, Economic Research and Statistics Div. Genevaen_US
dc.relation.ispartofseriesWTO Staff Working Paper ERSD-2011-19en_US
dc.subject.ddc330en_US
dc.subject.keywordTrade Liberalizationen_US
dc.subject.keywordLabor Market Dynamicsen_US
dc.subject.keywordDistributional Effects of Trade Policyen_US
dc.subject.keywordAdjustment Costsen_US
dc.subject.keywordWorker Heterogeneityen_US
dc.subject.stwAußenhandelsliberalisierungen_US
dc.subject.stwWirtschaftliche Anpassungen_US
dc.subject.stwArbeitsmarkten_US
dc.subject.stwArbeitsmobilitäten_US
dc.subject.stwAnpassungskostenen_US
dc.subject.stwWohlfahrtseffekten_US
dc.subject.stwTheorieen_US
dc.subject.stwBrasilienen_US
dc.titleTrade liberalization and labor market dynamicsen_US
dc.typeWorking Paperen_US
dc.identifier.ppn683498304en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:WTO Staff Working Papers, Economic Research and Statistics Division, WTO

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