Labor Market : Effects of Trade and FDI ; Recent Advances and Research Gaps

Faculty/Professorship: Regional Labour Economics  
Author(s): Pflüger, Michael P.; Blien, Uwe; Möller, Joachim; Moritz, Michael
Title of the Journal: Jahrbücher für Nationalökonomie und Statistik
ISSN: 0021-4027
Publisher Information: Stuttgart : Lucius & Lucius
Year of publication: 2013
Volume: 233
Issue: 1
Pages: 86-116
Language(s): English
"The last decade has been shaped by dramatic developments in international trade, international investment and production, both in terms of the scale of events and in terms of their qualitative nature. Intriguing questions have been thrown up concerning the labor market impact of these developments, notably welfare issues (the evolution of real wages, employment and unemployment), the distribution of income (the wage structure) and employment volatility. Path-breaking innovations in the theories of trade, location and the multinational firm allow a fresh look at these labor market effects. This paper takes stock of these theoretical innovations and contrasts these with the recent empirical research efforts to uncover the labor market implications of trade and FDI. We identify research gaps and highlight promising avenues for future research."
Type: Article
Year of publication: 28. July 2015