Back to Search
Start Over
The China trade shock and the European Union's employment.
- Source :
-
Journal of International Trade & Economic Development . Dec2023, Vol. 32 Issue 8, p1312-1340. 29p. - Publication Year :
- 2023
-
Abstract
- This paper analyzes the effect of trade with China on the European Union's industrial and regional employment. Built on a canonical multi-country Ricardian model, we identify and estimate the employment reallocation effect across fifteen EU countries with specific discussions on three channels: import penetration, direct export, and third-market competition vis-à-vis China. Data suggest that the adverse effects stemming from the import penetration and the third-market competition quantitatively dominate the positive effect from the export channel for the effect on the EU. In particular, the third-market competition channel is a key channel for understanding the impact of China trade shock on the EU market, accounting for about 46% and 36% of the total negative effect at the industry level and region level, respectively. Moreover, the third-market competition channel particularly influenced the relative employment growth of the worst-affected industries in the European market. [ABSTRACT FROM AUTHOR]
- Subjects :
- *EMPLOYMENT
*GROWTH industries
*LABOR unions
*INDUSTRIAL clusters
*EXPORTS
Subjects
Details
- Language :
- English
- ISSN :
- 09638199
- Volume :
- 32
- Issue :
- 8
- Database :
- Academic Search Index
- Journal :
- Journal of International Trade & Economic Development
- Publication Type :
- Academic Journal
- Accession number :
- 173688436
- Full Text :
- https://doi.org/10.1080/09638199.2023.2260010