G2TT
来源类型Discussion paper
规范类型论文
来源IDDP376
DP376 Labour Adjustment Costs and British Footwear Protection
L. Alan Winters
发表日期1990-02-01
出版年1990
语种英语
摘要Import protection is frequently advocated as a means of preserving jobs and avoiding labour adjustment costs. Defining adjustment costs in terms of output forgone during the process of adjustment and ignoring any general equilibrium repercussions, we estimate that quantitative restrictions on British footwear imports during 1979 protected about 1,000 jobs and avoided once-and-for-all adjustment costs of only around 1 million pounds sterling. The result is based on new data which reveal high rates of labour turnover in the footwear sector and so imply that displaced labour is readily re-employed. We use a model of output and employment derived from a multi-input, multi-output profit function, which shows that trade restrictions have relatively small effects on UK output and employment.
主题International Trade and Regional Economics
关键词Britain Footwear Labour adjustment Labour turnover Non-tariff barriers Profit function Protection
URLhttps://cepr.org/publications/dp376
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/529531
推荐引用方式
GB/T 7714
L. Alan Winters. DP376 Labour Adjustment Costs and British Footwear Protection. 1990.
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