Influential studies have shown that trade liberalisation is associated with substantial adjustment costs for workers in import-competing jobs. This column uses UK data to shed light on one such cost that has not been considered to date – subjective well-being. Import competition is found to substantially raise mental distress, through worsened labour market conditions and increased stress on the job. These findings provide evidence of an important hidden cost of globalisation

(2015). Import competition and mental distress: The hidden cost of globalization [contribution in web site - contributo in sito web]. Retrieved from https://hdl.handle.net/10446/236191

Import competition and mental distress: The hidden cost of globalization

Rosario, Crinò;Ogliari, Laura
2015-12-04

Abstract

Influential studies have shown that trade liberalisation is associated with substantial adjustment costs for workers in import-competing jobs. This column uses UK data to shed light on one such cost that has not been considered to date – subjective well-being. Import competition is found to substantially raise mental distress, through worsened labour market conditions and increased stress on the job. These findings provide evidence of an important hidden cost of globalisation
contributo in sito web
Contributo pubblicato sul portale di analisi politico economica VoxEu del Centre for Economic Policy Research
4-dic-2015
Italo, Colantone; Crino', Rosario; Ogliari, Laura
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/10446/236191
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