Marginal Intra-Industry Trade and Adjustment Costs - A Hungarian-Polish Comparison

Imre Fertő and Károly Attila Soos ()
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Károly Attila Soos: Institute of Economics, Hungarian Academy of Sciences

No 815, CERS-IE WORKING PAPERS from Institute of Economics, Centre for Economic and Regional Studies

Abstract: The structure of trade expansion in Hungary and Poland over the period 1990-1998 and its implications for labour-market adjustment is examined. An econometric analysis of trade and employment data suggests that changes in domestic consumption and productivity have significant influence on employment changes. But our results do not provide support for the smooth-adjustment hypothesis of intra-industry trade.

Keywords: Intra-industry trade; adjustment costs (search for similar items in EconPapers)
JEL-codes: F19 (search for similar items in EconPapers)
Pages: 17 pages
Date: 2008-08
New Economics Papers: this item is included in nep-int and nep-tra
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Citations: View citations in EconPapers (2)

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