Arbeitspapier

Marginal intra-industry trade and adjustment costs in labour market

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.

Sprache
Englisch

Erschienen in
Series: Nota di Lavoro ; No. 39.2013

Klassifikation
Wirtschaft
Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
Multiple or Simultaneous Equation Models: Panel Data Models; Spatio-temporal Models
Thema
Intra-Industry Trade
Adjustment Costs
Portugal
Labour Market

Ereignis
Geistige Schöpfung
(wer)
Leitão, Nuno Carlos
Dima, Bogdan
Stefana, Dima Cristea
Ereignis
Veröffentlichung
(wer)
Fondazione Eni Enrico Mattei (FEEM)
(wo)
Milano
(wann)
2013

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Leitão, Nuno Carlos
  • Dima, Bogdan
  • Stefana, Dima Cristea
  • Fondazione Eni Enrico Mattei (FEEM)

Entstanden

  • 2013

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