Impact of Foreign Trade on Employment and Wages in Indian Manufacturing

Autor:	Subash Sasidharan, S N Rajesh Raj
Rok vydání:	2015
Předmět:	Labour economics Manufacturing employment business.industry Economics International trade business General Economics Econometrics and Finance
Zdroj:	South Asia Economic Journal. 16:209-232
ISSN:	0973-077X 1391-5614
DOI:	10.1177/1391561415598457
Popis:	This study attempts to investigate the impact of international trade on the manufacturing employment and wages in India over the period 1980–2005. Given India’s abundant labour force, the empirical evidence will provide an indication on the role of trade openness in labour market in terms of employment and wages. We employ three standard modelling approaches, namely, factor content, growth decomposition and panel data modelling approaches, to verify the role of trade on employment and wages. We use panel data at the industry level obtained from Annual Survey of Industries (ASI) and World Bank trade data set. Our results suggest that international trade has not had any significant impact on employment generation in the manufacturing sector in India. While there is little evidence on any significant effect of export orientation on employment, import penetration had a detrimental effect on employment generation.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::1429141c401f770e9d6350081a56acd7 https://doi.org/10.1177/1391561415598457 Zobrazit plný text záznamu