The Role of Self-Employment in Mitigating Trade Shocks of Chinese Imports on U.S. County Labor Markets

This paper embeds an analysis of self-employment into the framework of international trade and local economies, seeking to explain how entrepreneurship can shape local labor market response to trade shocks. We investigate the cross-effect of self-employment and change in Chinese imports on US county labor markets during 2000-2007. Our empirical results suggest that counties with higher self-employment experience smaller job losses and wage cuts in response to Chinese imports. That suggests self-employment or entrepreneurship activities in local economies mitigate adverse impacts of trade penetration.


Issue Date:
2014
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/169709
Total Pages:
25
Series Statement:
Paper
5240




 Record created 2017-04-01, last modified 2017-12-02

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)