Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Trade, Skills and Adjustment Costs: A Study of Intra‐Sectoral Labor Mobility

Trade, Skills and Adjustment Costs: A Study of Intra‐Sectoral Labor Mobility The relationship between the ability of workers to change job, sector or industry and the short‐run adjustment costs associated with a reallocation of labor is the subject of lively debate among academics. This paper examines recent sector and industry level labor market adjustment in the UK using data from the Quarterly Labour Force Survey. We explore the link between the nature of UK trade patterns and labor adjustment within the manufacturing sector and employ a multinomial logit approach to examine the determinants of “within” and “between” industry mobility. By controlling for individual skill specificity we find some evidence of a link between intra‐industry trade and intra‐industry labor adjustment. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Review of Development Economics Wiley

Trade, Skills and Adjustment Costs: A Study of Intra‐Sectoral Labor Mobility

Loading next page...
 
/lp/wiley/trade-skills-and-adjustment-costs-a-study-of-intra-sectoral-labor-hV3DxkgUfe

References (76)

Publisher
Wiley
Copyright
Copyright © 2006 Wiley Subscription Services, Inc., A Wiley Company
ISSN
1363-6669
eISSN
1467-9361
DOI
10.1111/j.1467-9361.2005.00298.x
Publisher site
See Article on Publisher Site

Abstract

The relationship between the ability of workers to change job, sector or industry and the short‐run adjustment costs associated with a reallocation of labor is the subject of lively debate among academics. This paper examines recent sector and industry level labor market adjustment in the UK using data from the Quarterly Labour Force Survey. We explore the link between the nature of UK trade patterns and labor adjustment within the manufacturing sector and employ a multinomial logit approach to examine the determinants of “within” and “between” industry mobility. By controlling for individual skill specificity we find some evidence of a link between intra‐industry trade and intra‐industry labor adjustment.

Journal

Review of Development EconomicsWiley

Published: Feb 1, 2006

There are no references for this article.