The asymmetric effects of 20 years of tariff reforms on Egyptian workers
| Autor: | Arianna Vivoli, Enrico Marvasi, Giorgia Giovannetti |
|---|---|
| Přispěvatelé: | Giovannetti, G., Marvasi, E., Vivoli, A. |
| Jazyk: | angličtina |
| Rok vydání: | 2021 |
| Předmět: |
Economics and Econometrics
Sociology and Political Science 050204 development studies media_common.quotation_subject Wage Tariff Competition (economics) Trade policy · Labour market · Wage · Inequality · Egypt 0502 economics and business Economics Trade policy F13 050207 economics Real wages Free trade media_common Commercial policy Original Paper F14 F16 05 social sciences International economics Protectionism Labour market Inequality Position (finance) Egypt Finance |
| Zdroj: | Economia Politica |
| Popis: | After more than two decades of trade liberalization, faced with deep structural problems which were exacerbated by the 2008 financial crisis and culminated in the 2011 Spring Revolution and government change, in 2016 Egypt started to protect some sectors from foreign competition. This paper assesses how tariff reforms during the 1998–2018 period affected the Egyptian labour market by focusing on real wages and job stability (i.e. having a permanent position). The empirical analysis is carried out on worker-level data from the available four waves of Egyptian Labour Market Panel Survey (ELMPS), including the recently released 2018 wave. We find that higher tariff protection tends to worsen labour market conditions, both lowering real wages and decreasing the probability of finding a stable job. Furthermore, tariff changes show remarkable asymmetries. There is a negative and significant correlation between tariffs increases and real wages, while the positive impact of tariff reductions turns out to be negligible and insignificant. Our findings support the view that in Egypt protectionism hampered working conditions, contributing to inequality, while liberalizations did not improve nor deteriorate them. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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