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This book focuses on three issues. First, it investigates the impact of uctuations in international trade competitiveness on employment in the UK manufacturing sector over the period 1999 to 2010. We find statistically significant effects of a shock to international trade competitiveness on the level of employment. We suggest that the adjustment process in employment mainly works through job creation. We also find that compared to large firms, small firms contribute more towards job creation than job destruction. Our results show that changes in GDP growth rate and average wages are…mehr

Produktbeschreibung
This book focuses on three issues. First, it investigates the impact of uctuations in international trade competitiveness on employment in the UK manufacturing sector over the period 1999 to 2010. We find statistically significant effects of a shock to international trade competitiveness on the level of employment. We suggest that the adjustment process in employment mainly works through job creation. We also find that compared to large firms, small firms contribute more towards job creation than job destruction. Our results show that changes in GDP growth rate and average wages are significantly related to employment, suggesting that the UK labor market responds significantly to market forces. Finally, we find that the effect of changes in the real exchange rate on both job creation and job destruction differs for exporting and non-exporting firms.
Autorenporträt
Muhammad Akram ha conseguito il dottorato di ricerca in Ingegneria informatica presso la Sungkyunkwan University, Corea del Sud, nel 2008, e le lauree in Ingegneria informatica e Ingegneria del software presso la BUITEMS e la Hamdard University, Pakistan, rispettivamente. Attualmente è professore assistente presso la Facoltà di ICT della BUITEMS.