David Autor on Trade, China, and U.S. Labor Markets

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4.7 • 4.4K Ratings

🗓️ 14 March 2016

⏱️ 73 minutes

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Summary

David Autor of MIT talks with EconTalk host Russ Roberts about the fundamentals of trade and his research on the impact on workers and communities from trade with China. Autor's research finds large and persistent effects on manufacturing jobs and communities where those jobs once were. Autor and Roberts discuss whether these results capture the full impact of increased trade with China and what the policy response might be that could help workers hurt by trade.

Transcript

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0:00.0	Welcome to Econ Talk, part of the Library of Economics and Liberty.
0:09.2	I'm your host, Russ Roberts of Stanford University's Hoover Institution.
0:13.7	Our website is econtalk.org where you can subscribe, comment on this podcast, and find
0:18.7	links and other information related to today's conversation.
0:21.7	You'll also find our archives where you can listen to every episode we've ever done
0:25.8	going back to 2006.
0:28.2	Our email address is mailadycontalk.org.
0:30.7	We'd love to hear from you.
0:34.5	Today is February 25th, 2016, and my guest is David Otter, Professor of Economics at MIT.
0:43.0	David specializes in labor economics and has been a guest on econ talk twice before, discussing
0:48.6	disability and the future of work.
0:51.8	Today we're going to be talking about his work with Gordon Hanson and David Doran and others
0:55.1	on the effect of trade with China on US labor markets and US workers.
0:59.1	David, welcome back to econ talk.
1:01.0	Thank you very much.
1:02.0	It's a pleasure to be back on the show.
1:04.2	Your work on China was recently mentioned in a recent econ talk episode with Adam Ozemek
1:08.5	as an example of a paper or papers which had empirical research in it that caused him to
1:14.4	change his mind.
1:15.8	The issue was the flexibility of US labor markets and the effects of trade on the lives of
1:20.1	workers.
1:21.8	When you're convinced of the trade with China has been much harder on US workers and the
	...

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