Last edited by Kirg
Monday, July 20, 2020 | History

3 edition of Intra-Industry Trade and Adjustment found in the catalog.

Intra-Industry Trade and Adjustment

The European Experience

  • 172 Want to read
  • 12 Currently reading

Published by Palgrave Macmillan .
Written in English

    Subjects:
  • European Economic Community,
  • International Trade,
  • Business & Economics,
  • Business / Economics / Finance,
  • Business/Economics,
  • Economics - Theory,
  • International - General,
  • Business & Economics / Industries,
  • Economics - General,
  • Industries - General,
  • Commerce,
  • European Union countries,
  • Industries

  • Edition Notes

    ContributionsMarius Brulhart (Editor), Robert C. Hine (Editor)
    The Physical Object
    FormatHardcover
    Number of Pages268
    ID Numbers
    Open LibraryOL9307399M
    ISBN 100312215681
    ISBN 109780312215682

      Firms may engage in trade in either inter- or intra-industry trade. Under these circumstances, it is necessary to discuss the justification for the use of the adjustment costs model first. 1 There are, of course, many methodological questions which have been raised in the literature about calculation of intra-industry trade   assess the adjustment implications of trade expansion is to analyse patterns of intra-industry trade (IIT).1The widely held `smooth-adjustment hypothesis’ states that a high share of IIT will be associated with relatively low labour-market disruption, since, with intra-industry adjust-ment, workers move within industries rather than between

    Michael Thorpe and Nuno Carlos Leitto, Marginal Intra-Industry Trade and Adjustment Costs: The Australian Experience, SSRN Electronic Journal, /ssrn, (). Crossref Imre Fertő and Károly Attila Soós, Marginal intra‐industry trade and adjustment costs in the first phase of transition, Journal of Economic Studies, Adjustment, Employment Characteristics and Intra-Industry Trade. — In this paper we use data on individual workers to investigate a number of dimensions of adjustment and relate these to trade. Specifically, we estimate the relative incidence of changes in workers’ employment status with regard to sector, firm, occupation and region. We relate the incidence of adjustment to a range of

    Specifically, the focus is on the so‐called smooth adjustment hypothesis, which posits that, compared with inter‐industry trade, intra‐industry trade (IIT) expansion is associated with relatively lower factor adjustment costs. A dynamic panel data approach (GMM‐System) is :// Brülhart, M.: Marginal Intra-industry Trade: Measurement and Relevance for the Pattern of Industrial Adjustment. Weltwirtschaftliches Archiv , – () CrossRef Google Scholar Carrera, M. G.: Comercio Intra-Industrial: Análisis del Caso ://


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Intra-Industry Trade and Adjustment Download PDF EPUB FB2

The theory of intra-industry trade is discussed and assessed through a comprehensive study of the patterns of trade in Europe and the individual member states over a thirty year period.

This detailed empirical analysis allows conclusions to be drawn on issues including the impact of international trade on the domestic :// 2 days ago  The book offers an authoritative overview of the topical issues surrounding intra-industry trade in Europe in the era of European economic integration.

It brings together expert contributors from eight of the European Union member states. The theory of intra-industry trade is discussed and assessed Get this from a library. Intra-industry trade and adjustment: the European experience.

[Marius Brülhart; R C Hine;] -- "This book offers an authoritative overview of the topical issues surrounding intra-industry trade in the era of European economic integration. It brings together expert contributors from ten In book: Imperfect Competition and International Trade, Chapter: Intra-industry Trade and its Consequences for Adjustment, Publisher: Wheatsheaf Books, Static and Dynamic Measurement of Intra-Industry Trade and Adjustment: A Geometric Reappraisal.

[Show full abstract] from the OECD, the book continues with papers covering 1)trade, wages and Marginal Intra-Industry Trade and Adjustment Costs - A Hungarian-Polish Comparison However, since intra-industry trade is hypothesised to reduce adjustment costs due to trade expansion and changes in trade patterns, this paper investigates whether this so-called "smooth   The Economic and Social Review, Vol.

26, No. 2, January,pp. Intra-Industry Trade and Industrial Adjustment: The Irish Experience* jan 95 ?sequence=1&isAllowed=y. industry trade, intra-industry trade (IIT) expansion is associated with relatively lower factor adjustment costs.

A dynamic panel data approach (GMM-System) is employed. We find that there is a negative correlation between changes inemployment and increased IIT. This result provides support for the ?doi=&rep=rep1&type=pdf. Abstract.

Probably the greatest source of interest in intra-industry trade (IIT) has been its link with factor-market adjustment. Policy-oriented economists readily grasped the opportunity of an index which was simple to calculate and presumed to indicate relatively frictionless adjustment to trade :// intra-industry trade and industrial adjustment: the irish experience Users without a subscription are not able to see the full content.

Please, subscribe or login to access all ://   The structure of Malysia's trade expansion over the high-growth period – and its implications for labour-market adjustment is examined. An econometric analysis of trade and employment data suggests that intra-industry trade is related with relatively large inter-industry payroll :// Theory indicates that a study of the trade changes in terms of intra-industry trade is useful for at least the following reasons (Dautovic et al., ; Fontagné et al., ): 1) In the Our results suggest that intra-industry trade does have the stipulated attenuating effect on worker moves, both between occupations and between industries, but that this effect is relatively small compared to other determinants of labour reallocation.

Keywords: intra-industry trade, worker mobility, labour-market ?doi=&rep=rep1&type=pdf. is greater trade openness, industries with intra-industrial characteristics have an advantage due to the lower cost of adjustment. Considering that intra-industry trade flow is characterized by the low cost of adjustment in the pre-existing productive structures (Brülhart and Elliott, ), the intra-industry trade expansion implies   Recent developments in intra-industry trade (IIT) literature focus on the relationships b etween IIT and adjustment costs associated with changes in trade pattern.

The effects of trade liberalisation depend, inter alia, on whether trade is of an inter-industry or intra-industry ://   Brülhart/Elliott/Lindley: Intra-Industry Trade but if industry i exports expand by a comparable amount, this may offset lost market share in the domestic market and yield a zero net change in the industry’s domestic employment.5 A number of MIIT measures have since been ://   horizontal and vertical intra-industry trade, as well as inter-industry trade.

The labor adjustment implications and the associated welfare gains of liberalization policies, which typically involve some asymmetries across countries or industries, are examined in Section 3.

The paper concludes Essay on International Trade - Inter- and Intra-Industry Trade Assignment Inter-industry trade refers to the international exchange of different products, whereas intra-industry trade usually involves trade in differentiated products and intermediate goods," say Jon Kendall, Donghyun Park INTRA-INDUSTRY TRADE AND ADJUSTMENT: CONCEPTS AND THEORY The Hypothesis of IIT and Smooth Adjustment The proposition that IIT entails lower costs of factor-market adjustment than inter-industry trade, originally made by Balassa (), has become widely accepted in international economics.

However, this ?doi=&rep=rep1&type=pdf. Intra-Industry Trade and Labour Market Adjustment in the Automobile Industry Horácio C. Faustino ISEG-Technical University of Lisbon Rua Miguel Lúpi, 20, Lisboa, Portugal Tel: ; Fax: () E-mail: [email protected] Abstract This paper examines the effects of increased intra-industry trade on the labour According to smooth adjustment hypothesis (SAH), intra-industry trade (IIT) has low adjustment cost compared with inter-industry trade.

The purpose of this paper is to examine the hypothesis by Specifically, we combine a measure of marginal intra-industry trade (IIT) concerned with the adjustment implications of changes in matched trade, a measure of vertical and horizontal intra-industry trade concerned with the differences in product quality and a new dynamic measure of quality differentiated ://