The impact of US tariff on the labor market
This study examines the effects of anti-dumping measures on real wage and labor employment in the United States, to determine if protectionism is able to bring potential benefits to every US citizen. A regression analysis is tested on the 2002 steel tariff, along with the composition of a mathema...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project (FYP) |
| Language: | English |
| Published: |
2019
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/76789 |
| _version_ | 1826124499936870400 |
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| author | Sim, Kelvin Ming Hui Hsu, Yang Shun Mah, Kang Jun |
| author2 | Tang Yang |
| author_facet | Tang Yang Sim, Kelvin Ming Hui Hsu, Yang Shun Mah, Kang Jun |
| author_sort | Sim, Kelvin Ming Hui |
| collection | NTU |
| description | This study examines the effects of anti-dumping measures on real wage and labor employment
in the United States, to determine if protectionism is able to bring potential benefits to every
US citizen. A regression analysis is tested on the 2002 steel tariff, along with the composition
of a mathematical framework build on the fundamentals of New Trade Theory (Melitz, 2012, pp.
1-54) [8]. The results are that real wage can improve under tariff imposition, albeit at the cost of
employment. However through the mathematical framework and the quantitative analysis we examine further that different labor market structure can offer differing views of labor participation
and real wage improvements under protectionism. |
| first_indexed | 2024-10-01T06:21:38Z |
| format | Final Year Project (FYP) |
| id | ntu-10356/76789 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T06:21:38Z |
| publishDate | 2019 |
| record_format | dspace |
| spelling | ntu-10356/767892019-12-10T12:22:09Z The impact of US tariff on the labor market Sim, Kelvin Ming Hui Hsu, Yang Shun Mah, Kang Jun Tang Yang School of Social Sciences DRNTU::Social sciences::Economic theory::International trade DRNTU::Social sciences::Economic theory::Macroeconomics This study examines the effects of anti-dumping measures on real wage and labor employment in the United States, to determine if protectionism is able to bring potential benefits to every US citizen. A regression analysis is tested on the 2002 steel tariff, along with the composition of a mathematical framework build on the fundamentals of New Trade Theory (Melitz, 2012, pp. 1-54) [8]. The results are that real wage can improve under tariff imposition, albeit at the cost of employment. However through the mathematical framework and the quantitative analysis we examine further that different labor market structure can offer differing views of labor participation and real wage improvements under protectionism. Bachelor of Arts in Economics 2019-04-14T13:13:07Z 2019-04-14T13:13:07Z 2019 Final Year Project (FYP) http://hdl.handle.net/10356/76789 en 26 p. application/pdf |
| spellingShingle | DRNTU::Social sciences::Economic theory::International trade DRNTU::Social sciences::Economic theory::Macroeconomics Sim, Kelvin Ming Hui Hsu, Yang Shun Mah, Kang Jun The impact of US tariff on the labor market |
| title | The impact of US tariff on the labor market |
| title_full | The impact of US tariff on the labor market |
| title_fullStr | The impact of US tariff on the labor market |
| title_full_unstemmed | The impact of US tariff on the labor market |
| title_short | The impact of US tariff on the labor market |
| title_sort | impact of us tariff on the labor market |
| topic | DRNTU::Social sciences::Economic theory::International trade DRNTU::Social sciences::Economic theory::Macroeconomics |
| url | http://hdl.handle.net/10356/76789 |
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