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Intra-industry trade and labor costs: The smooth adjustment hypothesis

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Academic year: 2019

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Table 1: Employment Equations  Variables  (1) (2)  Variables  (3)  ∆Log N t − 1 0.295  (2.15)**  0.300  (3.42)***  ∆ N t − 1 0.239  (4.38)***  ∆Log N t − 2 0.362  (2.74)***  0.192  (1.85)*  ∆ N t − 2 0.497  (2.11)**  ∆Log W  -0.135  (-3.41)***  -0.030  (-0

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