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Labour Market Adjustment and Intra-Industry Trade: The Effects of Association on the Hungarian Food Industry

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  • Imre Ferto

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." Copyright (c) 2009 The Author. Journal compilation (c) 2009 The Agricultural Economics Society.

Suggested Citation

  • Imre Ferto, 2009. "Labour Market Adjustment and Intra-Industry Trade: The Effects of Association on the Hungarian Food Industry," Journal of Agricultural Economics, Wiley Blackwell, vol. 60(3), pages 668-681.
  • Handle: RePEc:bla:jageco:v:60:y:2009:i:3:p:668-681
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    References listed on IDEAS

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    Cited by:

    1. Bojnec, Stefan & Ferto, Imre, 2016. "Patterns and Drivers of the Agri-Food Intra-Industry Trade of European Union Countries," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association (IFAMA), vol. 19(2).
    2. Nuno Carlos Leitão & Bogdan Dima & Dima (Cristea) Stefana, 2013. "Marginal Intra-industry Trade and Adjustment Costs in Labour Market," Working Papers 2013.39, Fondazione Eni Enrico Mattei.
    3. Horácio C. Faustino & Nuno Carlos Leitão, 2010. "The Portuguese intra-industry tradeand the labor market adjustment costs: The SAH Again," Working Papers Department of Economics 2010/08, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.

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