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...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Springer
2003
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| Online Access: | http://psasir.upm.edu.my/id/eprint/15921/ http://psasir.upm.edu.my/id/eprint/15921/1/On%20the%20measurement%20of%20trade.pdf |
| _version_ | 1848842815284445184 |
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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 Institutional Repository |
| collection | Online Access |
| 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. |
| first_indexed | 2025-11-15T08:05:07Z |
| format | Article |
| id | upm-15921 |
| institution | Universiti Putra Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T08:05:07Z |
| publishDate | 2003 |
| publisher | Springer |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | upm-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/ http://psasir.upm.edu.my/id/eprint/15921/ http://psasir.upm.edu.my/id/eprint/15921/1/On%20the%20measurement%20of%20trade.pdf |