The Centre Acknowledges Financial Support from the Leverhulme Trust under Programme Grant F114/bf Centre for Research on Globalisation and Labour Markets Labour-market Effects of Intra-industry Trade: Evidence for the United Kingdom Labour-market Effects of Intra-industry Trade: Evidence for the Uni
The Centre Acknowledges Financial Support from the Leverhulme Trust under Programme Grant F114/bf Centre for Research on Globalisation and Labour Markets Labour-market Effects of Intra-industry Trade: Evidence for the United Kingdom Labour-market Effects of Intra-industry Trade: Evidence for the Uni
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该中心感谢 Leverhulme 信托基金根据计划拨款 F114/bf 全球化和劳动力市场研究中心提供的财政支持 产业内贸易的劳动力市场影响:英国产业内贸易的劳动力市场影响的证据:
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通讯作者:
R. Elliott
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作者:
M. Brülhart;R. Elliott;M. Brülhart;R. Elliott
Acknowledgements We thank Peter Wright for helpful comments. This paper was presented at the EARIE 2000 conference at the University of Lausanne and at the ETSG Annual Conference at the University of Glasgow. We gratefully acknowledge financial support through the " Evolving Macroeconomy " programme of the UK Economic and Social Research Council (ESRC grant L138251002). Abstract According to the " smooth adjustment hypothesis " , the labour-market adjustment costs entailed by trade liberalisation are lower if trade expansion is intra-industry rather than inter-industry in nature. In this paper, we study the link between trade and labour-market changes in UK manufacturing industries during the 1980s. We use industry-level measures of unemployment duration and wage flexibility as proxies for adjustment costs, and we relate them to various measures of intra-industry trade. Our evidence supports the smooth adjustment hypothesis.