Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/223602 
Year of Publication: 
2020
Citation: 
[Journal:] IZA World of Labor [ISSN:] 2054-9571 [Article No.:] 75v2 [Publisher:] Institute of Labor Economics (IZA) [Place:] Bonn [Year:] 2020
Publisher: 
Institute of Labor Economics (IZA), Bonn
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.
Subjects: 
employment
tariffs
protection
trade regulation
JEL: 
F16
F13
F66
Persistent Identifier of the first edition: 
Document Type: 
Article

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