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The effect of trade in intermediate inputs volatility on employment in the Australian manufacturing industries

Citation

Cheng, SK and Huq, M, The effect of trade in intermediate inputs volatility on employment in the Australian manufacturing industries, International Conference on Applied Business and Economics Proceedings, 29 September - 1 October 2011, University of Piraeus, Greece, pp. 92. (2011) [Conference Extract]

Abstract

Empirical studies of the effects of trade in intermediate inputs on employment are typically based on a simple labour demand or production function with limited consideration of labour composition and in particular, the vulnerability of trade network relationships. In contrast, we simultaneously assess the impacts of these factors on shifts in employment using a dynamic labour demand framework. Our assessments incorporate a novel measure of workforce composition and trade network relationships volatility. Using Australian trade and industry data for the period between 1995 and 2008, our findings indicate that trade network volatility significantly impacted employment and labour composition in the Australian manufacturing industries. The significance of trade network volatility hence suggests that the evaluation of employment effects and the formulation of labour market policy should be differentiated by trade network structure and relationship dynamics.

Item Details

Item Type:Conference Extract
Keywords:Labor Economics, Human Resources
Research Division:Economics
Research Group:Applied Economics
Research Field:Industry Economics and Industrial Organisation
Objective Division:Economic Framework
Objective Group:Microeconomics
Objective Field:Industrial Organisations
UTAS Author:Cheng, SK (Dr Seu Keow Cheng)
ID Code:89837
Year Published:2011
Deposited By:Management
Deposited On:2014-03-17
Last Modified:2014-03-24
Downloads:0

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