Intra-Industry Trade, Knowledge and Adjustment Costs

Leitão, N.C. , (2011) , "Intra-Industry Trade, Knowledge and Adjustment Costs" , Journal of Applied Sciences , 11 , 2652-2656 .
CEFAGE Author(s)
Nuno Carlos Leitão
Abstract

The international technology diffusions are associated with the changes in labour market. The empirical results show a negative correlation between the changes of employment and Marginal Intra-Industry Trade (MIIT). We also find a positive correlation between changes of employment and knowledge. The economic dimension and market structure are according to Smooth Adjustment Hypothesis (SAH).

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