Imports from low-wage countries dampen Austrian wages, exports to high-wage countries hurt more.
The article examines how trade affects wages in the Austrian manufacturing industry. By analyzing wage data from 1996 to 2002, the researchers found that imports from low-wage countries lowered wages, while exports to high-wage countries also had a negative impact on wage growth. This suggests that trade with different types of countries can influence how much workers get paid in Austria.