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2006 | 53 | 9 | 799-811

Article title

The adjustment cost of the Association Agreement in the Hungarian food industry

Authors

Title variants

Languages of publication

HU

Abstracts

EN
The article examines the structure of Hungary's food trade expansion over the 1995- 2003 transition period and its implications for labour-market adjustment. An econometric analysis of trade and employment data suggests that changes in domestic consumption and productivity have significant influence on employment changes. Strong positive and significant effects on these are also exerted by market concentration, while FDI has no influence on them. The results do not provide clear support for the smooth-adjustment hypothesis of intra-industry trade. However, the results should be interpreted with care, due to sensitivity to choice of period and lag structure.

Year

Volume

53

Issue

9

Pages

799-811

Physical description

Document type

ARTICLE

Contributors

author
  • I. Ferto, no address given, contact the journal editor

References

Document Type

Publication order reference

Identifiers

CEJSH db identifier
07HUAAAA02986088

YADDA identifier

bwmeta1.element.34fdc9bd-661f-3f22-ad60-d45291a5ce56
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