Portuguese intra-industry trade and labor market adjustment costs:the sah again
Autor(a) principal: | |
---|---|
Data de Publicação: | 2012 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.15/646 |
Resumo: | This 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. |
id |
RCAP_728f48daad2a9ede9ff22bc5d6b7d915 |
---|---|
oai_identifier_str |
oai:repositorio.ipsantarem.pt:10400.15/646 |
network_acronym_str |
RCAP |
network_name_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository_id_str |
7160 |
spelling |
Portuguese intra-industry trade and labor market adjustment costs:the sah againAdjustment costsDynamic panel dataLabor marketMarginal intra-industry tradeSmooth adjustment hypothesisPortugalThis 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.National Academy of Management Vul. UkraineRepositório Científico do Instituto Politécnico de SantarémFaustino, Horácio C.Leitão, Nuno Carlos2012-07-12T13:59:26Z20122012-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.15/646engFAUSTINO, 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) 494-5031993-6788info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2024-01-21T07:29:37Zoai:repositorio.ipsantarem.pt:10400.15/646Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-20T01:53:09.915964Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Portuguese intra-industry trade and labor market adjustment costs:the sah again |
title |
Portuguese intra-industry trade and labor market adjustment costs:the sah again |
spellingShingle |
Portuguese intra-industry trade and labor market adjustment costs:the sah again Faustino, Horácio C. Adjustment costs Dynamic panel data Labor market Marginal intra-industry trade Smooth adjustment hypothesis Portugal |
title_short |
Portuguese intra-industry trade and labor market adjustment costs:the sah again |
title_full |
Portuguese intra-industry trade and labor market adjustment costs:the sah again |
title_fullStr |
Portuguese intra-industry trade and labor market adjustment costs:the sah again |
title_full_unstemmed |
Portuguese intra-industry trade and labor market adjustment costs:the sah again |
title_sort |
Portuguese intra-industry trade and labor market adjustment costs:the sah again |
author |
Faustino, Horácio C. |
author_facet |
Faustino, Horácio C. Leitão, Nuno Carlos |
author_role |
author |
author2 |
Leitão, Nuno Carlos |
author2_role |
author |
dc.contributor.none.fl_str_mv |
Repositório Científico do Instituto Politécnico de Santarém |
dc.contributor.author.fl_str_mv |
Faustino, Horácio C. Leitão, Nuno Carlos |
dc.subject.por.fl_str_mv |
Adjustment costs Dynamic panel data Labor market Marginal intra-industry trade Smooth adjustment hypothesis Portugal |
topic |
Adjustment costs Dynamic panel data Labor market Marginal intra-industry trade Smooth adjustment hypothesis Portugal |
description |
This 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. |
publishDate |
2012 |
dc.date.none.fl_str_mv |
2012-07-12T13:59:26Z 2012 2012-01-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.15/646 |
url |
http://hdl.handle.net/10400.15/646 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
FAUSTINO, 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) 494-503 1993-6788 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
National Academy of Management Vul. Ukraine |
publisher.none.fl_str_mv |
National Academy of Management Vul. Ukraine |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
repository.mail.fl_str_mv |
|
_version_ |
1799137022849318912 |