Dynamics of Intraindustry Trade and Labor-Market Adjustment

Détails

ID Serval
serval:BIB_699DB7CD7908
Type
Article: article d'un périodique ou d'un magazine.
Collection
Publications
Institution
Titre
Dynamics of Intraindustry Trade and Labor-Market Adjustment
Périodique
Review of International Economics
Auteur(s)
Brülhart M.
ISSN
0965-7576
Statut éditorial
Publié
Date de publication
2000
Peer-reviewed
Oui
Volume
8
Numéro
3
Pages
420-435
Langue
anglais
Résumé
This paper investigates some dynamic aspects of the ?smooth adjustment hypothesis? that is commonly associated with intraindustry trade (IIT). The analysis is conducted on a panel of plant-level employment data and industry-level production and trade data for Ireland. Rates of intraindustry job turnover are used as a proxy for labor-market adjustment. Three findings stand out. First, a measure of marginal IIT is found to be more appropriate for the analysis of adjustment issues than the traditional static IIT index. Second, the effect of marginal IIT on labor-market adjustment is most significant in the short term, namely for indices calculated on one-year ntervals and lagged by one year. Third, the most significant determinants of the intraindustry job turnover rate are sector-level plant concentration ratios and trade openness.
Création de la notice
19/11/2007 11:31
Dernière modification de la notice
20/08/2019 15:24
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