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On the measurement of trade-induced adjustment

Globalisation and closer regional integration have led to significant increases in trade between nations that in turn impacts on existing long-standing trade partnerships. A consequence of changing trade patterns is an increase in the pressure for resources to reallocate between industries and secto...

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Main Authors:	Abdul Karim, Mohd Azhar, Elliott, Robert J. R.
Format:	Article
Language:	English
Published:	Springer 2003
Online Access:	http://psasir.upm.edu.my/id/eprint/15921/1/On%20the%20measurement%20of%20trade.pdf http://psasir.upm.edu.my/id/eprint/15921/
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id	my.upm.eprints.15921
record_format	eprints
spelling	my.upm.eprints.159212015-12-09T06:37:18Z http://psasir.upm.edu.my/id/eprint/15921/ On the measurement of trade-induced adjustment Abdul Karim, Mohd Azhar Elliott, Robert J. R. Globalisation and closer regional integration have led to significant increases in trade between nations that in turn impacts on existing long-standing trade partnerships. A consequence of changing trade patterns is an increase in the pressure for resources to reallocate between industries and sectors. This paper provides an integrated approach to the analysis of trade-induced adjustment that complements the existing literature. Adjustment pressures are documented in accordance with the theoretical underpinnings of the smooth adjustment hypothesis and satisfy a number of desirable criteria, monotonicity, consistency and country specificity. The applicability of the authors' approach is examined using UK manufacturing data. Springer 2003 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/15921/1/On%20the%20measurement%20of%20trade.pdf Abdul Karim, Mohd Azhar and Elliott, Robert J. R. (2003) On the measurement of trade-induced adjustment. Review of World Economics, 139 (3). pp. 419-439. ISSN 1610-2878; ESSN: 1610-2886 10.1007/BF02659669
institution	Universiti Putra Malaysia
building	UPM Library
collection	Institutional Repository
continent	Asia
country	Malaysia
content_provider	Universiti Putra Malaysia
content_source	UPM Institutional Repository
url_provider	http://psasir.upm.edu.my/
language	English
description	Globalisation and closer regional integration have led to significant increases in trade between nations that in turn impacts on existing long-standing trade partnerships. A consequence of changing trade patterns is an increase in the pressure for resources to reallocate between industries and sectors. This paper provides an integrated approach to the analysis of trade-induced adjustment that complements the existing literature. Adjustment pressures are documented in accordance with the theoretical underpinnings of the smooth adjustment hypothesis and satisfy a number of desirable criteria, monotonicity, consistency and country specificity. The applicability of the authors' approach is examined using UK manufacturing data.
format	Article
author	Abdul Karim, Mohd Azhar Elliott, Robert J. R.
spellingShingle	Abdul Karim, Mohd Azhar Elliott, Robert J. R. On the measurement of trade-induced adjustment
author_facet	Abdul Karim, Mohd Azhar Elliott, Robert J. R.
author_sort	Abdul Karim, Mohd Azhar
title	On the measurement of trade-induced adjustment
title_short	On the measurement of trade-induced adjustment
title_full	On the measurement of trade-induced adjustment
title_fullStr	On the measurement of trade-induced adjustment
title_full_unstemmed	On the measurement of trade-induced adjustment
title_sort	on the measurement of trade-induced adjustment
publisher	Springer
publishDate	2003
url	http://psasir.upm.edu.my/id/eprint/15921/1/On%20the%20measurement%20of%20trade.pdf http://psasir.upm.edu.my/id/eprint/15921/
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score	13.211869

On the measurement of trade-induced adjustment

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