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This paper focuses on the question of whether labor standards can affect comparative advantage in unskilled-labor-intensive goods, and thereby influence trade flows. Using a Heckscher-Ohlin framework, the effects of low labor standards depend on the type of standard: Forced and child labor lead...
Persistent link: https://www.econbiz.de/10014121793
Using a gravity-type explanation of international trade flows at the industry level, it is shown that the pattern of comparative advantage in terms of sectoral export/import ratios in bilateral trade can be explained by relative income and relative per capita income. Total income of a country is...
Persistent link: https://www.econbiz.de/10011435012
Recent trade negotiations, both at the regional and multilateral level, have seen a resurgence of the issue of trade and labour standards. As the world economy becomes increasingly globalised and the volume of world trade flows keeps increasing between the North and the South, it is very likely...
Persistent link: https://www.econbiz.de/10001725375
Persistent link: https://www.econbiz.de/10002112546
Recent trade negotiations, both at the regional and multilateral level, have seen a resurgence of the issue of trade and labour standards. As the world economy becomes increasingly globalised and the volume of world trade flows keeps increasing between the North and the South, it is very likely...
Persistent link: https://www.econbiz.de/10011514094
Persistent link: https://www.econbiz.de/10001517702
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