Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/68327 
Year of Publication: 
2012
Citation: 
[Journal:] Intereconomics [ISSN:] 1613-964X [Volume:] 47 [Issue:] 5 [Publisher:] Springer [Place:] Heidelberg [Year:] 2012 [Pages:] 307-312
Publisher: 
Springer, Heidelberg
Abstract: 
In the traditional model of international trade, labour market reforms in one country are often viewed as beggar-thy-neighbour policies, because they negatively affect the competitiveness and employment levels of the country's trading partners. Empirical evidence, however, suggests that this is not the case. By addressing labour market reforms in the context of intra-industry trade, this article explains how such reforms, while boosting employment, ultimately reduce a country's terms of trade, thereby benefitting the country's trading partners. The authors call for more international policy coordination to achieve optimal outcomes.
Persistent Identifier of the first edition: 
Document Type: 
Article
Document Version: 
Published Version

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