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  • 标题:Marginal Intra-industry Trade and Adjustment Costs in Labour Market
  • 本地全文:下载
  • 作者:Leitão, Nuno Carlos ; Dima, Bogdan ; Dima, Cristea Stefana
  • 期刊名称:Journal of Food Distribution Research
  • 印刷版ISSN:0047-245X
  • 出版年度:2013
  • 出版社:Food Distribution Research Society
  • 摘要:The objective of this study is to provide some empirical evidences on the existence of labor market adjustments according to smooth adjustment hypothesis (SAH) under the impact of intra-industry trade (IIT) considering the Portuguese case over a time span between 1995 and 2006. The main methodological issue of this study consists in showing that it is preferable to use the GMM-System approach with orthogonal transformation of data. The key outcome consists in highlighting a negative linkage between marginal intra-industry trade and the amplitude of employment changes for this particular market. In addition, we find a negative correlation between changes of employment and changes in domestic consumption. Moreover, the relationship between growth of productivity and market structure is according to smooth adjustment hypothesis.
  • 关键词:Intra-Industry Trade;Adjustment Costs;Portugal;Labour Market
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