International trade and unemployment: Evidence from selected ASEAN+3 countries

Atif Awad, Ishak Yussof

Research output: Contribution to journalArticle

1 Citation (Scopus)

Abstract

The present study seeks to examine empirically whether exposure to international trade creates or destroys jobs for a sample of eight ASEAN+3 countries (APT). The findings of the PMG technique shows that trade liberalization policies have a negative influence on unemployment rate in the long run. Since medium and unskilled workers are the majority of the workforce, a reduction in trade barriers is likely to expand the trading sector. For the APT countries to compete globally, the trading sector is likely to shift to a more efficient production mode by using intensive capital and high skilled labor, leaving unskilled workers unemployed. The findings are robust since we use various proxies for the trade liberalization policies.

Original languageEnglish
Pages (from-to)124-144
Number of pages21
JournalDLSU Business and Economics Review
Volume27
Issue number1
Publication statusPublished - 2017

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Unemployment
International trade
Trade liberalization
Workers
Unemployment rate
Workforce
Trade barriers
Skilled labor

Keywords

  • Globalization
  • Trade policies
  • Unemployment

ASJC Scopus subject areas

  • Accounting
  • Economics, Econometrics and Finance(all)
  • Strategy and Management
  • Marketing

Cite this

International trade and unemployment : Evidence from selected ASEAN+3 countries. / Awad, Atif; Yussof, Ishak.

In: DLSU Business and Economics Review, Vol. 27, No. 1, 2017, p. 124-144.

Research output: Contribution to journalArticle

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