Agro-manufactured Export Prices, Wages and Unemployment

This article estimates the impacts of world agricultural trade liberalization on wages and unemployment in Argentina in the presence of individual labor supply responses and adjustment costs in labor demand. After a 10% increase in agro-manufactured export prices, I find that: (a) the employment pro...

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Main Author: Porto, Guido G.
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/4849
id okr-10986-4849
recordtype oai_dc
spelling okr-10986-48492021-04-23T14:02:19Z Agro-manufactured Export Prices, Wages and Unemployment Porto, Guido G. Employment Unemployment Wages Intergenerational Income Distribution Aggregate Human Capital E240 Trade and Labor Market Interactions F160 Agriculture in International Trade Q170 This article estimates the impacts of world agricultural trade liberalization on wages and unemployment in Argentina in the presence of individual labor supply responses and adjustment costs in labor demand. After a 10% increase in agro-manufactured export prices, I find that: (a) the employment probability would increase by 1.36 percentage points, matched by a decline in the unemployment probability of 0.75 percentage points and an increase in labor market participation of 0.61 percentage points; (b) the unemployment rate would decline by 1.23 percentage points; (c) expected wages would increase by 10.3%, mostly due to higher employment probabilities. 2012-03-30T07:30:03Z 2012-03-30T07:30:03Z 2008 Journal Article American Journal of Agricultural Economics 00029092 http://hdl.handle.net/10986/4849 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article Argentina
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language EN
topic Employment
Unemployment
Wages
Intergenerational Income Distribution
Aggregate Human Capital E240
Trade and Labor Market Interactions F160
Agriculture in International Trade Q170
spellingShingle Employment
Unemployment
Wages
Intergenerational Income Distribution
Aggregate Human Capital E240
Trade and Labor Market Interactions F160
Agriculture in International Trade Q170
Porto, Guido G.
Agro-manufactured Export Prices, Wages and Unemployment
geographic_facet Argentina
relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description This article estimates the impacts of world agricultural trade liberalization on wages and unemployment in Argentina in the presence of individual labor supply responses and adjustment costs in labor demand. After a 10% increase in agro-manufactured export prices, I find that: (a) the employment probability would increase by 1.36 percentage points, matched by a decline in the unemployment probability of 0.75 percentage points and an increase in labor market participation of 0.61 percentage points; (b) the unemployment rate would decline by 1.23 percentage points; (c) expected wages would increase by 10.3%, mostly due to higher employment probabilities.
format Journal Article
author Porto, Guido G.
author_facet Porto, Guido G.
author_sort Porto, Guido G.
title Agro-manufactured Export Prices, Wages and Unemployment
title_short Agro-manufactured Export Prices, Wages and Unemployment
title_full Agro-manufactured Export Prices, Wages and Unemployment
title_fullStr Agro-manufactured Export Prices, Wages and Unemployment
title_full_unstemmed Agro-manufactured Export Prices, Wages and Unemployment
title_sort agro-manufactured export prices, wages and unemployment
publishDate 2012
url http://hdl.handle.net/10986/4849
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