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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP376 |
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 |
URL | https://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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