La relación globalización-mercado de trabajo: un análisis por medio de los efectos del comercio en los salarios para la economía mexicana en el periodo 1970-2016

In economic terms globalization has changed the conditions in the global labor market, developing countries are immersed in this dynamic and changes have led to a loss of workers' rights. This paper is relevant because it brings perspective to the academic discussion, which focuses highlighting...

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Bibliographic Details
Main Author: Vega Miranda, Faustino
Format: Article
Language:Spanish
Published: 2019
Subjects:
Online Access:https://dialnet.unirioja.es/servlet/oaiart?codigo=7454182
Source:Estudios de derecho, ISSN 0120-1867, Vol. 76, Nº. 169, 2019 (Ejemplar dedicado a: Migraciones y derechos humanos_enero-junio), pags. 167-184
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Summary: In economic terms globalization has changed the conditions in the global labor market, developing countries are immersed in this dynamic and changes have led to a loss of workers' rights. This paper is relevant because it brings perspective to the academic discussion, which focuses highlighting the negative aspects of globalization, dismissing empirical evidence that provides arguments to promote alternative labor policy. Therefore, the study aims to analyze the relationship between globalization and the labor market from a quantitative perspective by examining exports and wages, in the case of Mexico from 1970 to 2016. We estimated a regression with Ordinary Least Squares to determine that the relationship between globalization and the labor market is negative, which implies that wages decline as the economy opens to the world. Secondly, we verified the independence between exports and wages by testing Granger causality. These results are revealing as they clearly explain the recent movements in the United States and United Kingdom to regulate globality, when their governments promoted this phenomenon at the end of the last century and are now listening to criticism, recognizing the danger of a blind belief in the market.