Details

Autor(en) / Beteiligte

• Güneri, Barbaros
• Erünlü, Zeynep

Titel

The Effects of Trade Liberalization and Export Diversification on Unemployment: An Empirical Analysis/Ticaretin Serbestlestirilmesi ve Ihracat Çesitlendirmesinin Issizlik Üzerindeki Etkileri: Ampirik Bir Analiz

Ist Teil von

• Cankiri Karatekin Universitesi Iktisadi ve Idari Bilimler Fakultesi Dergisi, 2020-09, Vol.10 (2), p.617

Ort / Verlag

Cankiri Karatekin Universitesi

Erscheinungsjahr

2020

Quelle

EBSCOhost Business Source Ultimate

Beschreibungen/Notizen

• This study investigates the effects of trade liberalization and export diversification on unemployment rate for a group of OECD countries for the period between 1991 and 2014. Using several liberalization and export diversification indices as well as various control variables, the results of the empirical analysis show that as countries engage more in international trade and diversify their export baskets, unemployment rate decreases. Thus, it can be argued that OECD countries should follow policies that are in favor of trade liberalization rather than protectionism. Moreover, diversification of export baskets instead of specialization is of great importance in decreasing the unemployment rate.