Job Loss from Imports - Measuring the Costs
Language: English
Published by The Peterson Institute for International Economics, 2001
- Softcover
- New
Seller: Kennys Bookshop and Art Galleries Ltd., Galway, GY, IrelandKennys Bookshop and Art Galleries Ltd.
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Condition: New
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Add to basketItem description from seller
An exploration of the medium-term effects of trade displacement on American workers. Lori G. Kletzer uses worker-level data from the US Displaced Worker Surveys to examine the pattern of re-employment following trade-related job loss, and studies explanations of earnings declines. Num Pages: 150 pages. BIC Classification: 1KBB; KCFM; KCLT. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 230 x 154 x 8. Weight in Grams: 209. . 2001. Paperback. . . . .
Seller Inventory # V9780881322965
- Title
- Job Loss from Imports - Measuring the Costs
- Author
- Kletzer, Lori G.
- Publisher
- The Peterson Institute for International Economics
- Publication year
- 2001
- Condition
- New
- Binding
- Soft cover
- Language
- English
- ISBN 10
- 0881322962
- ISBN 13
- 9780881322965
There is an important question lost in the debate over the number of jobs created or destroyed by trade liberalization: as the dynamic American economy continues to change, with freer trade and technological advances, what kind of work will Americans do? In a dynamic economy jobs are created and lost, and workers are displaced. Moving beyond the recent public policy focus on how many workers will be affected, this study focuses on understanding how these workers will be affected.
Using worker-level data from the Displaced Worker Surveys, Lori G. Kletzer asks and answers a number of key questions about the cost of trade-related job loss. How do these workers compare to those displaced from other manufacturing industries? How sizeable are the earnings losses? What can we learn from the pattern of reemployment and earnings that will aid in the (re)design of adjustment services? The costs of import-competing job loss are high for some workers, but not starkly higher than the costs of other types of manufacturing job loss. For many manufacturing displaced workers, the best outcome, in terms of minimizing medium-term earnings losses, is to regain employment in the "old economy," back in manufacturing. New jobs in the service economy tend to result in larger earnings losses. This report reveals a narrow, but significant, group of workers for whom import-competing job loss is very costly. For other workers, realized costs are smaller. Understanding this range of outcomes should assist policymakers in targeting assistance to address the real costs of import-competing job loss.
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