Impact of U.S. Market Access on Local Labor Markets in Vietnam

This paper examines the impact of U.S. market access on local labor markets in a developing country, Vietnam. The study finds that following the implementation of the Vietnam–United States bilateral trade agreement in December 2001, manufacturing e...

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Main Authors: Hoang, Trung X., Nguyen, Ha
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
Online Access:http://documents.worldbank.org/curated/en/374231520955330537/Impact-of-U-S-market-access-on-local-labor-markets-in-Vietnam
http://hdl.handle.net/10986/29460
id okr-10986-29460
recordtype oai_dc
spelling okr-10986-294602021-06-08T14:42:45Z Impact of U.S. Market Access on Local Labor Markets in Vietnam Hoang, Trung X. Nguyen, Ha BILATERAL TRADE AGREEMENT EMPLOYMENT EXPORTS MARKET ACCESS LABOR MARKET PROPAGATION IMPORT COMPETITION MANUFACTURING EMPLOYMENT JOB CREATION SPILLOVER EFFECT SERVICES SECTOR REAL ESTATE PRODUCTIVITY This paper examines the impact of U.S. market access on local labor markets in a developing country, Vietnam. The study finds that following the implementation of the Vietnam–United States bilateral trade agreement in December 2001, manufacturing employment increased in provinces that were more exposed to U.S. tariff cuts. In those provinces, employment also increased in many service sectors, reflecting strong spillovers of job gains. The new job opportunities have attracted labor from agriculture, thus reducing agricultural employment. The paper examines three possible channels of job gain spillovers, namely, demand, production, and real estate. Although there is evidence for all three channels, the demand channel is the most important. 2018-03-15T15:24:58Z 2018-03-15T15:24:58Z 2018-03 Working Paper http://documents.worldbank.org/curated/en/374231520955330537/Impact-of-U-S-market-access-on-local-labor-markets-in-Vietnam http://hdl.handle.net/10986/29460 English Policy Research Working Paper;No. 8366 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper East Asia and Pacific United States Vietnam
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic BILATERAL TRADE AGREEMENT
EMPLOYMENT
EXPORTS
MARKET ACCESS
LABOR MARKET
PROPAGATION
IMPORT COMPETITION
MANUFACTURING EMPLOYMENT
JOB CREATION
SPILLOVER EFFECT
SERVICES SECTOR
REAL ESTATE
PRODUCTIVITY
spellingShingle BILATERAL TRADE AGREEMENT
EMPLOYMENT
EXPORTS
MARKET ACCESS
LABOR MARKET
PROPAGATION
IMPORT COMPETITION
MANUFACTURING EMPLOYMENT
JOB CREATION
SPILLOVER EFFECT
SERVICES SECTOR
REAL ESTATE
PRODUCTIVITY
Hoang, Trung X.
Nguyen, Ha
Impact of U.S. Market Access on Local Labor Markets in Vietnam
geographic_facet East Asia and Pacific
United States
Vietnam
relation Policy Research Working Paper;No. 8366
description This paper examines the impact of U.S. market access on local labor markets in a developing country, Vietnam. The study finds that following the implementation of the Vietnam–United States bilateral trade agreement in December 2001, manufacturing employment increased in provinces that were more exposed to U.S. tariff cuts. In those provinces, employment also increased in many service sectors, reflecting strong spillovers of job gains. The new job opportunities have attracted labor from agriculture, thus reducing agricultural employment. The paper examines three possible channels of job gain spillovers, namely, demand, production, and real estate. Although there is evidence for all three channels, the demand channel is the most important.
format Working Paper
author Hoang, Trung X.
Nguyen, Ha
author_facet Hoang, Trung X.
Nguyen, Ha
author_sort Hoang, Trung X.
title Impact of U.S. Market Access on Local Labor Markets in Vietnam
title_short Impact of U.S. Market Access on Local Labor Markets in Vietnam
title_full Impact of U.S. Market Access on Local Labor Markets in Vietnam
title_fullStr Impact of U.S. Market Access on Local Labor Markets in Vietnam
title_full_unstemmed Impact of U.S. Market Access on Local Labor Markets in Vietnam
title_sort impact of u.s. market access on local labor markets in vietnam
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/374231520955330537/Impact-of-U-S-market-access-on-local-labor-markets-in-Vietnam
http://hdl.handle.net/10986/29460
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