Abstract
This article specifies a supply and demand model of the labour market to examine the effects of North American Free Trade Agreement (NAFTA) on the US labour market. Regression results suggest that NAFTA decreased yearly unemployment growth by 4.4%. Equivalently, NAFTA brought a structural break to the US state level unemployment. The second finding is that the labour market began feeling the impact of NAFTA immediately after its implementation and the labour market has continued to feel its effects probably through 2001.
| Original language | English |
|---|---|
| Pages (from-to) | 1657-1671 |
| Number of pages | 15 |
| Journal | Applied Economics |
| Volume | 43 |
| Issue number | 13 |
| DOIs | |
| State | Published - May 2011 |
Bibliographical note
Copyright:Copyright 2011 Elsevier B.V., All rights reserved.
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 8 Decent Work and Economic Growth
ASJC Scopus subject areas
- Economics and Econometrics
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