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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Bibliographic Details
Main Author:	Porto, Guido G.
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	Employment Unemployment Wages Intergenerational Income Distribution Aggregate Human Capital E240 Trade and Labor Market Interactions F160 Agriculture in International Trade Q170
Online Access:	http://hdl.handle.net/10986/4849

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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
_version_	1764392988121759744

Agro-manufactured Export Prices, Wages and Unemployment

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