Is Trade Liberalization a Solution to the Unemployment Problem?

This paper examines how trade liberalization affects the growth rate of employment in developed and developing countries. The estimation results imply that trade openness in the form of higher trade volumes has not been successful in generating jobs in developing countries. The overall weak, negative employment response to trade volumes may be explained by the negative output response to trade openness in these countries. Our estimates also indicate that higher trade volumes have adverse effect on industrial and agricultural employment in developed countries. Moreover, trade barriers have relatively little adverse effect and/or in some cases positive effect on employment both in developing and developed countries. Thus, it is probably safe to conclude that both higher (or lower) output and employment growth rates can stem from trade and industrial policies implemented by these countries.

Some generalizations on the univalence of an integral operator and quasiconformal extensions

By using the method of Loewner chains, we establish some sufficient conditions for the analyticity and univalency of functions defined by an integral operator. Also, we refine the result to a quasiconformal extension criterion with the help of Beckers's method.Comment: 12 pages, submitted to a journal for publication (19 April 2012