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Portuguese intra-industry trade and labor market adjustment costs:the sah again

dc.contributor.authorFaustino, Horácio C.
dc.contributor.authorLeitão, Nuno Carlos
dc.date.accessioned2012-07-12T13:59:26Z
dc.date.available2012-07-12T13:59:26Z
dc.date.issued2012
dc.description.abstractThis paper provides an empirical test of the SAH (smooth adjustment hypothesis) using the data on Portugal. According to the SAH, intra-industry trade leads to relatively lower adjustment costs in comparison to inter-industry trade. The paper tests the SAH by using a dynamic panel data analysis that takes into account lagged effects of changes in the MIIT (marginal intra-industry trade) index. The regressions use the absolute change in the total employment in a given industry as a proxy for trade adjustment costs. The main results imply that a higher MIIT leads to lower adjustment costs in the same year. More specifically, the coefficients of the MIIT index are negative and statistically significant in all the regressions. These results provide support for the SAH.por
dc.identifier.citationFAUSTINO, Horácio C. ; LEITÃO, Nuno Carlos - Portuguese intra-industry trade and labor market adjustment costs : the sah again. Actual problems of Economics. ISSN 1993-6788. 7 (2012) 494-503por
dc.identifier.issn1993-6788
dc.identifier.urihttp://hdl.handle.net/10400.15/646
dc.language.isoengpor
dc.peerreviewedyespor
dc.publisherNational Academy of Management Vul. Ukrainepor
dc.relation.publisherversionhttp://eco-science.net/index.phppor
dc.subjectAdjustment costspor
dc.subjectDynamic panel datapor
dc.subjectLabor marketpor
dc.subjectMarginal intra-industry tradepor
dc.subjectSmooth adjustment hypothesispor
dc.subjectPortugalpor
dc.titlePortuguese intra-industry trade and labor market adjustment costs:the sah againpor
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage503por
oaire.citation.startPage494por
oaire.citation.titleActual problems of Economicspor
person.familyNameLeitão
person.givenNameNuno Carlos
person.identifier.orcid0000-0002-7602-2615
rcaap.rightsopenAccesspor
rcaap.typearticlepor
relation.isAuthorOfPublication59b3a478-abed-4851-a925-fe8d133213c5
relation.isAuthorOfPublication.latestForDiscovery59b3a478-abed-4851-a925-fe8d133213c5

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