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International trade regulation and job creation

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posted on 2023-06-09, 00:26 authored by L. Alan WintersL. Alan Winters
Trade regulation can create jobs in the sectors it protects or promotes, but almost always at the expense of destroying a roughly equivalent number elsewhere in the economy. At a product-specific or micro level and in the short term, controlling trade could reduce the offending imports and save jobs, but for the economy as a whole and in the long term, this position has neither theoretical support nor empirical evidence in its favor. Given that protection may have other—usually adverse—effects, understanding the difficulties in using it to manage employment is important for economic policy.

History

Publication status

  • Published

File Version

  • Published version

Journal

IZA World of Labor

Publisher

IZA World of Labor (online)

Department affiliated with

  • Economics Publications

Full text available

  • Yes

Peer reviewed?

  • Yes

Legacy Posted Date

2016-03-03

First Open Access (FOA) Date

2016-10-25

First Compliant Deposit (FCD) Date

2016-10-25

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