The effect of trade openness on unemployment: Long-run versus short-run

This paper examines the effect of trade openness on the unemployment rate in 28 OECD countries. Existing literature shows different results when studying this relationship. In this research, data of these OECD countries over the period 2000-2016 have been used. Using panel regression analyses, the findings imply that trade openness and unemployment are negatively related. This negative relationship can be found in both the short-run and the long-run. 2018 The effect of trade openness on unemployment: Long-run versus short-run BACHELOR THESIS GENERAL ECONOMICS STUDENT NAME: EDAN MARTES STUDENT NUMBER: 425649 SUPERVISOR: DR. A.A.F. GERRITSEN SECOND READER: DR. A. ERBAHAR DATE: 11/07/2018