Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/74811
Authors: 
Leitão, Nuno Carlos
Dima, Bogdan
Stefana, Dima Cristea
Year of Publication: 
2013
Series/Report no.: 
Nota di Lavoro, Fondazione Eni Enrico Mattei 39.2013
Abstract: 
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.
Subjects: 
Intra-Industry Trade
Adjustment Costs
Portugal
Labour Market
JEL: 
F12
C33
Document Type: 
Working Paper

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