Araştırma Makalesi

Marginal Intra-Industry Trade and Labor Adjustment Cost in EU

Cilt: 8 Sayı: 2 30 Haziran 2023
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Marginal Intra-Industry Trade and Labor Adjustment Cost in EU

Öz

Intra- Industry Trade is a crucial issue from the point of view of increased importance in international trade and its' labor adjustment cost influence in the literature. This research analyzes the relationship between MIIT and labor adjustment cost by comparing the different measures of marginal intra-industry trade. We compare the A, MD1, and MD2 indexes, which are different measures of MIIT. 127 manufacturing subsectors are used in 15 European Union countries in the period between 1990- 2017. The result of dynamic panel data of system GMM shows that the MD2 measurement method explains the low adjustment cost better than MD1. It significantly correlates with a few of the variables concerning trade. MD1j has a strong relationship with sectoral employment, consumption, productivity, and openness in the manufacturing industry in the European Union. Three measures of MIIT present a negative link between MIIT and adjustment cost, which is suitable with the literature.

Anahtar Kelimeler

Kaynakça

  1. ARELLANO, M., BOND, S. (1991). Some Tests of Specification for Panel Data: Monte Carlo Evidence and Application to Employment Equations. Review of Economic Studies 58: 277-297.
  2. ARELLANO, M., BOVER, O. (1995). Another Look at the Instrumental Variable Estimation of Error-Components Models. Journal of Econometrics 68: 29- 51.
  3. BALASSA, B. (1979). Tariff Reductions and Trade in Manufactures Among the Industrial Countries. American Economic Review 56: 466-473.
  4. BLUNDELL, R., BOND, S. (1998). Initial conditions and moment restrictions in dynamic panel data models. Journal of Economics 87: 115- 143.
  5. BLUNDELL, R., BOND, S. (2000). GMM estimation with persistent panel data: an application to production functions. Econometric Reviews 19: 321-340.
  6. BRÜLHART, M. (1994). Marginal Intra- Industry Trade: Measurement and Relevance for the Pattern of Industrial Adjustment. Weltwirtschaftliches Archiv 130(3): 600- 613.
  7. BRÜLHART, M., ELLIOT, R. (1998). Adjustment to the European Single Market: Inferences from Intra-Industry Trade Patterns. Journal of Economic Studies.
  8. BRÜLHART, M., MCALEESE, D. and O’ DONNELL, M. (1999). Ireland. In M. Brülhart and R. Hine (eds.). Intra-Industry Trade and Adjustment: The European Experience. London: Macmillan.

Ayrıntılar

Birincil Dil

İngilizce

Konular

Ekonomi

Bölüm

Araştırma Makalesi

Erken Görünüm Tarihi

29 Haziran 2023

Yayımlanma Tarihi

30 Haziran 2023

Gönderilme Tarihi

26 Ocak 2023

Kabul Tarihi

3 Mayıs 2023

Yayımlandığı Sayı

Yıl 2023 Cilt: 8 Sayı: 2

Kaynak Göster

APA
Atasoy, D., & Ulusoy, V. (2023). Marginal Intra-Industry Trade and Labor Adjustment Cost in EU. Finans Ekonomi ve Sosyal Araştırmalar Dergisi, 8(2), 449-462. https://doi.org/10.29106/fesa.1242888
AMA
1.Atasoy D, Ulusoy V. Marginal Intra-Industry Trade and Labor Adjustment Cost in EU. FESA. 2023;8(2):449-462. doi:10.29106/fesa.1242888
Chicago
Atasoy, Duygu, ve Veysel Ulusoy. 2023. “Marginal Intra-Industry Trade and Labor Adjustment Cost in EU”. Finans Ekonomi ve Sosyal Araştırmalar Dergisi 8 (2): 449-62. https://doi.org/10.29106/fesa.1242888.
EndNote
Atasoy D, Ulusoy V (01 Haziran 2023) Marginal Intra-Industry Trade and Labor Adjustment Cost in EU. Finans Ekonomi ve Sosyal Araştırmalar Dergisi 8 2 449–462.
IEEE
[1]D. Atasoy ve V. Ulusoy, “Marginal Intra-Industry Trade and Labor Adjustment Cost in EU”, FESA, c. 8, sy 2, ss. 449–462, Haz. 2023, doi: 10.29106/fesa.1242888.
ISNAD
Atasoy, Duygu - Ulusoy, Veysel. “Marginal Intra-Industry Trade and Labor Adjustment Cost in EU”. Finans Ekonomi ve Sosyal Araştırmalar Dergisi 8/2 (01 Haziran 2023): 449-462. https://doi.org/10.29106/fesa.1242888.
JAMA
1.Atasoy D, Ulusoy V. Marginal Intra-Industry Trade and Labor Adjustment Cost in EU. FESA. 2023;8:449–462.
MLA
Atasoy, Duygu, ve Veysel Ulusoy. “Marginal Intra-Industry Trade and Labor Adjustment Cost in EU”. Finans Ekonomi ve Sosyal Araştırmalar Dergisi, c. 8, sy 2, Haziran 2023, ss. 449-62, doi:10.29106/fesa.1242888.
Vancouver
1.Duygu Atasoy, Veysel Ulusoy. Marginal Intra-Industry Trade and Labor Adjustment Cost in EU. FESA. 01 Haziran 2023;8(2):449-62. doi:10.29106/fesa.1242888