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Is Employment Globalizing?

dc.contributor.authorChen, Liming
dc.contributor.authorFelipe, Jesus
dc.contributor.authorKam, Andrew J. Y.
dc.contributor.authorMehta, Aashish
dc.date.accessioned2020-12-02T22:19:29Z
dc.date.available2020-12-02T22:19:29Z
dc.date.issued2018-09-01
dc.description.abstractWe investigate the claim that national labor markets have become more globally interconnected in recent decades. We do so by deriving estimates over time of three different notions of interconnection: (i) the share of labor demand that is export induced (i.e., all labor demand created by foreign entities buying products exported by the home country)—we provide estimates for 40 countries; (ii) the share of workers employed in sectors producing tradable goods or services—68 countries; and (iii) the ratio of the number of jobs that are either located in a tradable sector, or that are involved in producing services that are required by these tradable sectors, to all jobs in the economy, which we call the trade-linked employment share—40 countries. Our estimates lead to the conclusion that the evidence of a large increase in the interconnections between national labor markets is far weaker than commonly asserted: levels of interconnectivity, and the direction of changes over time, vary across notions of interconnection and countries. The main reasons for this are labor- displacing productivity growth in tradable sectors of each economy and the diminishing fraction of national labor forces hired into manufacturing jobs worldwide. We also discuss the implications of our results for different policy debates that each of the three measures is associated with: international coordination of macroeconomic policies (export-induced labor demand), currency devaluations (share of workers producing tradables), and education and labor protection (trade-linked share).
dc.description.legacydownloadsADB_Is_employment_globalizing.pdf: 42 downloads, before Oct. 1, 2020.
dc.identifier.other13503311
dc.identifier.urihttps://hdl.handle.net/1813/87235
dc.language.isoen_US
dc.rightsRequired Publisher Statement: © Asian Development Back. Available at ADB’s Open Access Repository under a Creative Commons Attribution license (CC BY 3.0 IGO).
dc.rights.urihttps://creativecommons.org/licenses/by/3.0/igo/
dc.subjectemployment
dc.subjectexport induced
dc.subjectglobalization
dc.subjecttradable goods
dc.subjecttrade-linked employment
dc.titleIs Employment Globalizing?
dc.typearticle
local.authorAffiliationChen, Liming: Nankai University
local.authorAffiliationFelipe, Jesus: Asian Development Bank
local.authorAffiliationKam, Andrew J. Y.: National University of Malaysia
local.authorAffiliationMehta, Aashish: University of California at Santa Barbara

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