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Marginal Intra-industry Trade and Adjustment Costs in Labour Market
| Content Provider | Semantic Scholar |
|---|---|
| Author | Leitão, Nuno Carlos Dima, Bogdan Dima, Stefana Maria |
| Copyright Year | 2013 |
| Abstract | 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. |
| File Format | PDF HTM / HTML |
| DOI | 10.2139/ssrn.2264747 |
| Alternate Webpage(s) | https://www.econstor.eu/bitstream/10419/74811/1/745172466.pdf |
| Alternate Webpage(s) | https://doi.org/10.2139/ssrn.2264747 |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |