Proceedings of the 2016 International Conference on Modern Management, Education Technology, and Social Science (MMETSS 2016)

Test of the Applicability of the Smooth Adjustment Hypothesis in Agri-product Trade of China

Authors
Ai Hang, Yan Wang
Corresponding Author
Ai Hang
Available Online February 2017.
DOI
10.2991/mmetss-16.2017.20How to use a DOI?
Keywords
Agri-product Trade, Smooth Adjustment Hypothesis, Adjustment Cost
Abstract

Adjustment cost caused by the trade liberalization would affect countries' trade structure and industrial development, With the appearance of intra-industry trade phenomenon, 'Smooth Adjustment Hypothesis' about trade adjustment cost is taken more seriously. Agriculture always was the most basic industry in China and agricultural products occupied a large proportion in external trade. By theoretically discussing the applicability of smooth adjustment hypothesis in Chinese agricultural products trade and analyzing the applicability by Parameter estimation and non-Parameter estimation, we found that, Smooth adjustment hypothesis was partly suitable for Chinese agricultural products trade, and it needs three years when dynamic change of intra-industry trade had a significant negative relationship with Adjustment costs.

Copyright
© 2017, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 2016 International Conference on Modern Management, Education Technology, and Social Science (MMETSS 2016)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
February 2017
ISBN
10.2991/mmetss-16.2017.20
ISSN
2352-5398
DOI
10.2991/mmetss-16.2017.20How to use a DOI?
Copyright
© 2017, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Ai Hang
AU  - Yan Wang
PY  - 2017/02
DA  - 2017/02
TI  - Test of the Applicability of the Smooth Adjustment Hypothesis in Agri-product Trade of China
BT  - Proceedings of the 2016 International Conference on Modern Management, Education Technology, and Social Science (MMETSS 2016)
PB  - Atlantis Press
SP  - 106
EP  - 112
SN  - 2352-5398
UR  - https://doi.org/10.2991/mmetss-16.2017.20
DO  - 10.2991/mmetss-16.2017.20
ID  - Hang2017/02
ER  -