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Adjustment Costs of Trade Liberalization ; Estimations for the Russian Labor

Title: Adjustment Costs of Trade Liberalization ; Estimations for the Russian Labor
Authors: Akhmedov, Akhmed; Bessonova, Evgenia; Cherkashin, Ivan; Denisova, Irina; Grishina, Elena; Nekipelov, Denis
Publisher Information: World Bank, Washington, DC
Publication Year: 2004
Collection: The World Bank: Open Knowledge Repository (OKR)
Subject Terms: labor market; trade liberalization; labor demand; wage premiums; employment flows; adjustment costs
Description: The paper investigates adjustment costs of trade liberalization in Russia by estimating various labor market elasticities with respect to indicators of trade liberalization in the 90-ies. In particular, the influence of tariff reduction on demand for labor is estimated, inter-sectoral employment flows in recent years and their determinants are studied, as well as determinants of sectoral wage premiums and of wage differentials between skilled and unskilled labor. The estimated elasticities of labor demand and wages show to be of very moderate size implying a modest adjustment cost in the labor market.
Document Type: report
File Description: application/pdf; text/plain
Language: English
Relation: https://hdl.handle.net/10986/26065; https://doi.org/10.1596/26065
DOI: 10.1596/26065
Availability: https://hdl.handle.net/10986/26065; http://documents.worldbank.org/curated/en/981081486019498300/Adjustment-costs-of-trade-liberalization-estimations-for-the-Russian-labor; https://doi.org/10.1596/26065
Rights: CC BY 3.0 IGO ; http://creativecommons.org/licenses/by/3.0/igo ; World Bank
Accession Number: edsbas.EA1E983A
Database: BASE