Dynamics of intra-industry trade and adjustment costs. The case of Hungarian food industry.
2005
Fertõ, I.(MTA Közgazdaságtudományi Intézet)
If increases in trade are intra-industry in nature, the standard assumption is that adjustment costs will be less forbidding. This proposition had become known as the smooth adjustment hypothesis. The paper investigates the smooth adjustment hypothesis using the example of Hungarian food industry between 1992 and 2002.
Show more [+] Less [-]AGROVOC Keywords
Bibliographic information
This bibliographic record has been provided by National Agricultural Library and Documentation Centre