TY - JOUR AU - Baldwin,Robert E. TI - The Effects of Trade and Foreign Direct Investment on Employment and Relative Wages JF - National Bureau of Economic Research Working Paper Series VL - No. 5037 PY - 1995 Y2 - February 1995 UR - http://www.nber.org/papers/w5037 L1 - http://www.nber.org/papers/w5037.pdf N1 - Author contact info: Robert E. Baldwin University of Wisconsin-Madison Department of Economics 7321 Social Science Building 1180 Observatory Drive Madison, WI 53706 Tel: 608/263-7397 Fax: 608/263-3876;608/233-8284 E-Mail: rebaldwi@facstaff.wisc.edu AB - This paper summarizes and assesses recent studies on the impact of current trends in trade and direct investment on employment and wages in OECD countries. The general conclusion is that such factors as changes in labour supplies, technology and demand are more important than changes in trading patterns in accounting for changes in employment and shifts in relative wages. However, further studies are needed to understand better the employment and wage impact of foreign direct investment. ER -