Logo
Munich Personal RePEc Archive

International Trade and Local Labor Markets: Are Foreign and Domestic Shocks Created Differently?

Partridge, Mark D. and Rickman, Dan and Olfert, M. Rose and Tan, Ying (2013): International Trade and Local Labor Markets: Are Foreign and Domestic Shocks Created Differently?

[thumbnail of MPRA_paper_53407.pdf]
Preview
PDF
MPRA_paper_53407.pdf

Download (682kB) | Preview

Abstract

Despite the attention given to international trade in discussion and analysis of the economic struggles of many regions across the U.S., it is unclear whether international trade shocks impact local economies more and differently than shocks originating from within the domestic economy, thus requiring special policy attention. Therefore, using U.S. county-level data for 1990-2010, this study carefully constructs demand shocks to local economies, isolating international import and export impacts to assess whether trade shocks have different effects from domestic demand shocks. We examine a variety of economic indicators including population growth, employment rates, wage rates and poverty rates. The results suggest that international trade shocks have some different effects than overall domestic shocks, though public perception of trade appears to be more negative than reality. We also find that domestic shocks dominate international trade shocks in explaining variation in regional labor market outcomes over the entire period.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.