Publication:
The Rise of China and Labor Market Adjustments in Latin America

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dc.contributor.authorArtuc, Erhan
dc.contributor.authorLederman, Daniel
dc.contributor.authorRojas, Diego
dc.date.accessioned2015-01-07T22:23:40Z
dc.date.available2015-01-07T22:23:40Z
dc.date.issued2015-01
dc.description.abstractThis paper assesses the impact of the rise of China on the trade of Latin American and Caribbean economies. The study proposes an index to measure the impact on trade, which suggests sizable effects, especially in Argentina, Brazil, Chile, Honduras, Mexico, and Paraguay. The paper uses the index and a model of labor mobility, to calculate the impact of China's growth on labor markets in Argentina, Brazil, and Mexico. The resulting evidence suggests that the rise of China has had positive effects on agriculture and mining in Argentina and Brazil, which offset negative impacts on manufacturing industries, thus leaving total employment and real wages virtually unchanged in the long run. In contrast, the estimated impacts of China's rise on Mexico imply that the sizable shock to manufacturing was not offset by the positive shocks on mining and agriculture, reducing employment in the long run. The paper also discusses the effect of China on the degree of informality in these three economies and contrasts short-run and long-run effects on employment and wages across industries.en
dc.identifierhttp://documents.worldbank.org/curated/en/2015/01/23173043/rise-china-labor-market-adjustments-latin-america
dc.identifier.doi10.1596/1813-9450-7155
dc.identifier.urihttps://hdl.handle.net/10986/21152
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank Group, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 7155
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectADJUSTMENT COSTS
dc.subjectADJUSTMENT PROCESS
dc.subjectAGGREGATE DEMAND
dc.subjectAGRICULTURAL PRICE
dc.subjectAGRICULTURE
dc.subjectAVERAGE WAGE
dc.subjectBILATERAL TRADE
dc.subjectCENTRAL BANK
dc.subjectCOMMERCE
dc.subjectCOMMODITY PRICES
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPARATIVE ANALYSIS
dc.subjectCOMPETITIVE MARKETS
dc.subjectCONSUMER PRICE
dc.subjectCONSUMER PRICE INDEX
dc.subjectCONSUMERS
dc.subjectCONSUMPTION EXPENDITURES
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT POLICY
dc.subjectDISCOUNTED VALUE
dc.subjectDOMESTIC PRICE
dc.subjectDOWNWARD PRESSURE
dc.subjectECONOMIC RESEARCH
dc.subjectECONOMICS RESEARCH
dc.subjectEMPLOYMENT LEVEL
dc.subjectEMPLOYMENT STATUS
dc.subjectENTRY COST
dc.subjectENTRY COSTS
dc.subjectEXOGENOUS SHOCKS
dc.subjectEXPECTED VALUES
dc.subjectEXPECTED WAGES
dc.subjectEXPORT BASKET
dc.subjectEXPORT DEMAND
dc.subjectEXPORT GROWTH
dc.subjectEXPORT MARKET
dc.subjectEXPORT STRUCTURE
dc.subjectEXPORT STRUCTURES
dc.subjectEXPORT SUPPLY
dc.subjectGDP
dc.subjectGENERAL EQUILIBRIUM
dc.subjectGLOBAL TRADE
dc.subjectGROWTH RATE
dc.subjectHIGH WAGE
dc.subjectHOTELS
dc.subjectHOUSEHOLD SURVEY
dc.subjectHUMAN CAPITAL
dc.subjectIMPORT COMPETITION
dc.subjectIMPORT SHARE
dc.subjectIMPORTS
dc.subjectINCOME
dc.subjectINFORMAL EMPLOYMENT
dc.subjectINFORMAL SECTOR
dc.subjectINTERNATIONAL TRADE
dc.subjectJOBS
dc.subjectLABOR ADJUSTMENT
dc.subjectLABOR ADJUSTMENT COSTS
dc.subjectLABOR ALLOCATION
dc.subjectLABOR ALLOCATIONS
dc.subjectLABOR DEMAND
dc.subjectLABOR FLOW
dc.subjectLABOR FORCE
dc.subjectLABOR MARKET
dc.subjectLABOR MARKET ADJUSTMENT
dc.subjectLABOR MARKETS
dc.subjectLABOR MOBILITY
dc.subjectLABOR REALLOCATION
dc.subjectLABOR SHARE
dc.subjectLABOR SUPPLY
dc.subjectLABOUR
dc.subjectLOCAL LABOR MARKET
dc.subjectLOCAL LABOR MARKETS
dc.subjectMANUFACTURING INDUSTRIES
dc.subjectMARGINAL PRODUCT
dc.subjectMARKET CONDITIONS
dc.subjectMARKET SECTOR
dc.subjectMARKET SHARE
dc.subjectMONOPOLISTIC COMPETITION
dc.subjectNET EXPORTS
dc.subjectOPEN ECONOMIES
dc.subjectOPEN ECONOMY
dc.subjectOPTIMIZATION
dc.subjectPERFECT COMPETITION
dc.subjectPOSITIVE EFFECTS
dc.subjectPREVIOUS SUBSECTION
dc.subjectPRICE CHANGE
dc.subjectPRICE CHANGES
dc.subjectPRICE EFFECT
dc.subjectPRODUCTION FUNCTION
dc.subjectPRODUCTION FUNCTIONS
dc.subjectPRODUCTIVITY
dc.subjectREAL WAGE
dc.subjectREAL WAGES
dc.subjectRETAIL
dc.subjectRISK NEUTRAL
dc.subjectSUBSTITUTES
dc.subjectSUPPLY CURVES
dc.subjectSUPPLY EQUATIONS
dc.subjectTOTAL EMPLOYMENT
dc.subjectTRADE BALANCE
dc.subjectTRADE DATA
dc.subjectTRADE REFORM
dc.subjectUNEMPLOYED
dc.subjectUNEMPLOYMENT
dc.subjectUTILITY FUNCTION
dc.subjectVALUE ADDED
dc.subjectWAGE BILL
dc.subjectWAGE DIFFERENTIALS
dc.subjectWAGE DISTRIBUTION
dc.subjectWAGES
dc.subjectWORKER
dc.subjectWORKERS
dc.subjectWORKING CONDITIONS
dc.subjectWORLD MARKET
dc.subjectWORLD MARKETS
dc.subjectWORLD TRADE
dc.titleThe Rise of China and Labor Market Adjustments in Latin Americaen
dspace.entity.typePublication
okr.crossref.titleThe Rise of China and Labor Market Adjustments in Latin America
okr.date.disclosure2015-01-01
okr.date.doiregistration2025-04-10T10:32:13.360082Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2015/01/23173043/rise-china-labor-market-adjustments-latin-america
okr.globalpracticeSocial Protection and Labor
okr.globalpracticeMacroeconomics and Fiscal Management
okr.globalpracticeTrade and Competitiveness
okr.guid975981468019161171
okr.identifier.doi10.1596/1813-9450-7155
okr.identifier.externaldocumentum000158349_20150106143734
okr.identifier.internaldocumentum23173043
okr.identifier.reportWPS7155
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2015/01/06/000158349_20150106143734/Rendered/PDF/WPS7155.pdfen
okr.region.administrativeEast Asia and Pacific
okr.region.administrativeLatin America & Caribbean
okr.region.countryChina
okr.region.geographicalLatin America
okr.topicMacroeconomics and Economic Growth::Markets and Market Access
okr.topicInternational Economics and Trade::Trade Policy
okr.topicSocial Protections and Labor::Labor Policies
okr.topicSocial Protections and Labor::Labor Markets
okr.topicEconomic Theory and Research
okr.unitOffice of the Chief Economist, Latin America and the Caribbean Region
relation.isAuthorOfPublication2c812f70-403a-5905-88e4-bd90a5f31e96
relation.isAuthorOfPublication.latestForDiscovery2c812f70-403a-5905-88e4-bd90a5f31e96
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
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