Agro‐Manufactured Export Prices, Wages and Unemployment
估计了世界农产品贸易自由化对阿根廷工资和失业的影响,发现农产品加工出口价格上涨10%会使就业概率提高1.36个百分点,失业率下降1.23个百分点,预期工资上涨10.3%。
Abstract This article estimates the impacts of world agricultural trade liberalization on wages and unemployment in Argentina in the presence of individual labor supply responses and adjustment costs in labor demand. After a 10% increase in agro‐manufactured export prices, I find that: ( a ) the employment probability would increase by 1.36 percentage points, matched by a decline in the unemployment probability of 0.75 percentage points and an increase in labor market participation of 0.61 percentage points; ( b ) the unemployment rate would decline by 1.23 percentage points; ( c ) expected wages would increase by 10.3%, mostly due to higher employment probabilities.