The Impact of Trade with China and India on Argentina's Manufacturing Employment

Download or read book The Impact of Trade with China and India on Argentina's Manufacturing Employment written by Luis Castro and published by World Bank Publications. This book was released on 2007 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: For many in Latin America, the increasing participation of China and India in international markets is seen as a looming shadow of two "mighty giants" on the region's manufacturing sector. Are they really mighty giants when it comes to their impact on manufacturing employment? The authors attempt to answer this question by estimating the effects of trade with China and India on Argentina's industrial employment. They use a dynamic econometric model and industry level data to estimate the effects of trade with China and India on the level of employment in Argentina's manufacturing sector. Results suggest that trade with China and India only had a small negative effect on industrial employment, even during the swift trade liberalization of the 1990s.