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Trade and Jobs in EuropeMuch Ado About Nothing?$
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Mathias Dewatripont, André Sapir, and Khalid Sekkat

Print publication date: 1999

Print ISBN-13: 9780198293606

Published to Oxford Scholarship Online: August 2004

DOI: 10.1093/0198293607.001.0001

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How Much Has LDC Trade Affected Western Job Markets?

How Much Has LDC Trade Affected Western Job Markets?

(p.8) 1. How Much Has LDC Trade Affected Western Job Markets?
Trade and Jobs in Europe

Richard Freeman

Ana Revenga

Oxford University Press

This chapter examines the impact of trade with less developed countries (LDCs) on labour markets using a newly developed data set that links trade flows by industry and country to labour market outcomes in a sample of OECD countries from 1970 to 1992. Two extreme views are considered: that trade is the sole determinant of labour market problems and that trade has no effect on Western workers. Results failed to support either of the views.

Keywords:   international trade, labour markets, unemployment, low-skilled workers, OECD countries

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