Trade and Jobs in Europe: Much Ado about Nothing?

By Mathias Dewatripont; André Sapir et al. | Go to book overview

measures that would only worsen problems through mounting trade dispute with LDCs.

We have argued here that this book provides a set of estimates that broadly point to a limited impact of LDC trade on the European labour market, which has as a consequence that trade instruments are not appropriate to solve Europe's unemployment problems. Each chapter in this volume could of course be refined to provide further tests of the robustness of its conclusions. This important topic indeed deserves further research, if only because the importance of LDC trade is bound to grow in the coming years. It is our hope that the research contained in this book will provide a stimulus for continued research in this area.


References

Krugman P. ( 1995), "'Growing World Trade: Causes and Consequences'", Brookings Papers on Economic Activity, 1: 327-62.

Lawrence R. and Slaughter M. ( 1993), "'Trade and US Wages: Great Sucking Sound or Small Hiccup?'", Brookings Papers on Economic Activity, Microeconomics, 2: 161-226.

Revenga A. L. ( 1992), "'Exporting Jobs? The Impact of Import Competition on Employment and Wages in US Manufacturing'", Quarterly Journal of Economics, 107( 1): 225-84.

Sachs J. D. and Shatz H. J. ( 1994), "'Trade and Jobs in US Manufacturing'", Brookings Papers on Economic Activity, 1: 1-69.

Wood A. ( 1994), North-South Trade, Employment and Inequality, Clarendon Press, Oxford.

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