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:en
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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author Abdul Karim, Mohd Azhar
Elliott, Robert J. R.
author_facet Abdul Karim, Mohd Azhar
Elliott, Robert J. R.
author_sort Abdul Karim, Mohd Azhar
building UPM Library
collection Institutional Repository
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
continent Asia
country Malaysia
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.
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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
spellingShingle Abdul Karim, Mohd Azhar
Elliott, Robert J. R.
On the measurement of trade-induced adjustment
title 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_short On the measurement of trade-induced adjustment
title_sort on the measurement of trade-induced adjustment
url http://psasir.upm.edu.my/id/eprint/15921/1/On%20the%20measurement%20of%20trade.pdf
http://psasir.upm.edu.my/id/eprint/15921/
url_provider http://psasir.upm.edu.my/