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The Impact of Trade and Capital Movements on Labour: Evidence on the French Case

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  • Patrick Messerlin

    (GEM - Groupe d'économie mondiale - Sciences Po - Sciences Po)

Abstract

This paper examines the impact of trade and capital movements on French employment and relative wages. It provides three results. First, trade has a modest impact on total employment. Second, trade has a strong impact on relative wages; the paper provides evidence supporting the saying that liberal trade is associated with better jobs rather than more jobs. Lastly, the paper shows that outward FDI is essentially done by exporting sectors and that inward FDI (which is broadly the same magnitude) occurs in the downsizing industries as well as in the exporting sectors.

Suggested Citation

  • Patrick Messerlin, 1995. "The Impact of Trade and Capital Movements on Labour: Evidence on the French Case," SciencePo Working papers Main hal-00972837, HAL.
  • Handle: RePEc:hal:spmain:hal-00972837
    Note: View the original document on HAL open archive server: https://hal-sciencespo.archives-ouvertes.fr/hal-00972837
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    References listed on IDEAS

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    1. Faini, Riccardo & Venturini, Alessandra, 1993. "Trade, aid and migrations: Some basic policy issues," European Economic Review, Elsevier, vol. 37(2-3), pages 435-442, April.
    2. Richard A. Brecher, 1974. "Minimum Wage Rates and the Pure Theory of International Trade," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 88(1), pages 98-116.
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    Cited by:

    1. Guillaume Daudin & Sandrine Levasseur, 2005. "Délocalisations et concurrence des pays émergents : mesurer l'effet sur l'emploi en France," Revue de l'OFCE, Presses de Sciences-Po, vol. 94(3), pages 131-160.
    2. Guillaume Daudin & Sandrine Levasseur, 2005. "Appendix 8 : Measuring the effect of international relocations on French economy," SciencePo Working papers Main hal-01073900, HAL.

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