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Comparative advantage has provided the intellectual basis for most trade policy in the past 50 years. This book collects OECD work that builds on recent contributions to the theory and empirics of comparative advantage, emphasising the role of policy in shaping trade.<
Exports play an important role in relative employment of skilled versus unskilled workers, according to this study of the manufacturing sector in Korea.
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International economic integration, while generating important benefits, requires a flexible and efficient social security system that assists workers displaced by external competition or other structural changes, according to this study of trade, employment and wages in Italy.
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Trade has little impact on individual-level wages, according to this analysis of the link between trade and labour market outcomes (such as wages and employment) in Germany.
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This paper draws on three data sources to establish a matched firm-level data set covering trade, economic variables and employment for the time period from 1995 to 2004.
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This paper examines the effects of exports on employment (i.e. the number of workers), working-hours, and total worker-hours (i.e. employment times working-hours) in Japan.
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The reduction in trade costs associated with Mexico's entry to the North American Free Trade Agreement (NAFTA) is related to larger employment expansions in low-skill occupations, according to this study.
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Empirical evidence on the relationship between trade and informal labour markets suggests variations due to country-specific characteristics - in particular, labour market rigidity, capital mobility, level of economic development and heterogeneity of the informal workforce.
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Agriculture continues to create jobs in rural areas of South Africa, albeit mainly in low-wage occupations, and future trade liberalisation would increase employment in the agricultural sector, according to this study.
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This paper reviews the main schools of thought on the political economy of trade and employment - in particular, the potential costs of liberalisation and the manner that concerns about these costs may inhibit countries' willingness to open markets.
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