Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/324062 
Year of Publication: 
2022
Citation: 
[Journal:] PSL Quarterly Review [ISSN:] 2037-3643 [Volume:] 75 [Issue:] 300 [Year:] 2022 [Pages:] 47-62
Publisher: 
Associazione Economia civile, Rome
Abstract: 
The main objective of this paper is to analyse the effects of international trade on employment, focusing particularly on the case where domestic prices are higher than foreign prices, using Pasinetti's (1981 and 1993) framework as the basic structure of analysis. It is shown that technological progress affects employment levels through the Kaldor-Verdoorn law by endogenizing productivity growth when national prices are competitive. We conclude that high imports negatively affect employment levels, supporting heterodox views regarding trade openness.
Subjects: 
Structural Change
Open Economy
Cumulative Causation
Employment
JEL: 
E24
F43
L16
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Article

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