Trade policies and equilibrium unemployment

Citation
R. Batra et H. Beladi, Trade policies and equilibrium unemployment, MANCH SCH, 67(4), 1999, pp. 545-556
Citations number
14
Categorie Soggetti
Economics
Journal title
MANCHESTER SCHOOL
ISSN journal
14636786 → ACNP
Volume
67
Issue
4
Year of publication
1999
Pages
545 - 556
Database
ISI
SICI code
1463-6786(199909)67:4<545:TPAEU>2.0.ZU;2-B
Abstract
In this paper we develop a simple general equilibrium model of trade to ana lyze the impact of tariffs and technical progress on the equilibrium rate o f unemployment. We demonstrate that if a country imposes a tariff its equil ibrium rate of unemployment is likely to rise, whereas the impact of techno logy on equilibrium unemployment depends on the labor intensity of the two sectors.