Labour Market Adjustment and Intra‐Industry Trade: The Effects of Association on the Hungarian Food Industry
研究了1995-2003年匈牙利食品贸易扩张的结构及其对劳动力市场调整的影响，发现产业内贸易的平滑调整假说得到部分支持，行业特定变量对调整成本有显著影响。
Abstract The structure of Hungary’s food trade expansion over the period 1995–2003 and its implications for labour market adjustment are examined. The contributions of the paper are threefold. First, we test the sensitivity of results to the choice of measurement and their implications for the results. Second, we introduce more industry‐specific control variables. Third, we distinguish the short‐ and long‐run adjustment effects. Our results provide some support for the smooth‐adjustment hypothesis of intra‐industry trade. Estimations confirm that industry‐specific variables may have a significant effect on adjustment costs.