Determinants Of Intra Industry Trade

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Determinants of Intra-Industry Trade

Author : Janice G. Yee
Publisher : Taylor & Francis
Page : 182 pages
File Size : 43,7 Mb
Release : 2021-12-12
Category : Business & Economics
ISBN : 9781000524666

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Determinants of Intra-Industry Trade by Janice G. Yee Pdf

While most international economists will note that trade is beneficial, they will also comment on the adjustment costs that are usually incurred when factors of production, most notably labor, are redistributed between industries. A goal for many policymakers is to make that adjustment process easier and smoother for the factors involved, thereby highlighting the benefits of trade, rather than the costs of trade. But what are these industries that experience smoother adjustment costs? There is a growing constituency which believes that intra-industry or like trade is a characteristic of an industry with low adjustment costs. First published in 1997, this book hopes to address some of these issues and add to the growing discussion on the topic of intra-industry trade, with special attention placed on the relationship between the U.S. and Canada.

Determinants of Intra-industry Trade Between East and West Europe

Author : Chonira Aturupane,Simeon Djankov,Bernard M. Hoekman
Publisher : World Bank Publications
Page : 40 pages
File Size : 46,9 Mb
Release : 1997
Category : Business enterprises
ISBN : 8210379456XXX

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Determinants of Intra-industry Trade Between East and West Europe by Chonira Aturupane,Simeon Djankov,Bernard M. Hoekman Pdf

Intra-industry Trade

Author : P. K. Mathew Tharakan
Publisher : North-Holland
Page : 280 pages
File Size : 54,9 Mb
Release : 1983
Category : Business & Economics
ISBN : UVA:X000744895

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Intra-industry Trade by P. K. Mathew Tharakan Pdf

Determinants of Intra-Industry Trade Between East and West Europe

Author : Chonira Aturupane,Simeon Djankov,Bernard Hoekman
Publisher : Unknown
Page : 0 pages
File Size : 48,9 Mb
Release : 2004
Category : Electronic
ISBN : OCLC:1375496890

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Determinants of Intra-Industry Trade Between East and West Europe by Chonira Aturupane,Simeon Djankov,Bernard Hoekman Pdf

There is a good deal of intra-industry trade between nations in Central and Eastern Europe and the European Union. Most of it is vertical (the exchange of similar goods of different quality). Eastern European nations and the European Union (EU) is among the highest of all the EU's bilateral trade flows. Aturupane, Djankov, and Hoekman break down data on these trade flows into horizontal and vertical components and investigate the determinants of each. They find that vertical intra-industry trade (the exchange of similar goods of different quality) accounts for 80 to 90 percent of total intra-industry trade. It is positively associated with product differentiation, labor intensity of production, economies of scale, and foreign direct investment. Controlling for country effects, they find a statistically significant positive association between horizontal intra-industry trade (the exchange of close substitutes of similar quality) and foreign direct investment, product differentiation, and industry concentration. They find a significant negative relationship for economies of scale and labor intensity. These results do not hold if they do not control for country effects, suggesting that country-specific factors are key determinants of horizontal intra-industry trade. This paper - a product of the Development Research Group - is part of a larger effort in the group to analyze the role of trade and foreign investment in the process of transition in Eastern Europe.

Intra-industry International Trade

Author : Sayeeda Bano
Publisher : Aldershot, Hants, England : Avebury ; Brookfield, Vt., USA : Gower Publishing Company
Page : 216 pages
File Size : 44,5 Mb
Release : 1991
Category : Business & Economics
ISBN : STANFORD:36105035349609

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Intra-industry International Trade by Sayeeda Bano Pdf

This book focuses on the concept, measurement and theory of intra-industry international trade. It includes an intensive study of Canada during a period of dramatic changes in the world economy. For the first time methods used to analyse IIT in other countries (notably, Balassa, EEC, Grubel-Lloyd, Australia, OECD) have been applied to examine the Canadian case. Alternative measurements of IIT are examined, resulting in discussion of a wide range of theoretical, empirical and policy aspects. The results reveal that the extent of Canada's IIT is remarkably high both across countries and across industries. Time-series analysis indicated that a substantial growth in IIT has taken place over the years 1962-87.

Determinants of Intra-Industry Trade and Labour Market Adjustment

Author : Sakshi Aggarwal
Publisher : Cambridge Scholars Publishing
Page : 322 pages
File Size : 51,5 Mb
Release : 2024-01-05
Category : Business & Economics
ISBN : 9781527570610

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Determinants of Intra-Industry Trade and Labour Market Adjustment by Sakshi Aggarwal Pdf

Intra-industry trade (IIT) has emerged as a major area of research in the analysis of international and intra-regional specialization. This book highlights the changes which the Indian economy has witnessed in the past two decades following the economic liberalization of the 1990s. It has been revealed that there are comparatively few studies in the context of developing economies which focus on the country-industry-specific determinants of aggregate and sectoral IIT. The book incorporates several hypotheses to analyze demand-driven, supply-induced, industry-specific, and policy-oriented drivers influencing the level of bilateral aggregate and sectoral IIT in the Indian context. Moreover, several trade-related, labor specific and trade overlap induced factors dictate the growth trajectory and the employment level of an economy. Therefore, the current research conducts an empirical analysis to examine each hypothesis and provide significant findings to explore the relationship between key economic variables, their interaction effects, and their impact on the growth of the Indian economy.

The Growth of Intra-Industry Trade

Author : Leonie L. Stone
Publisher : Taylor & Francis
Page : 105 pages
File Size : 48,5 Mb
Release : 2021-10-28
Category : Business & Economics
ISBN : 9781000524888

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The Growth of Intra-Industry Trade by Leonie L. Stone Pdf

First Published in 1997. The explosive growth of world trade in the last three decades is unparalleled in history, both due to the rapid increase in volume and to the change in the composition of trade. Historically, trade between nations has consisted largely of exchanges of products that were very different from each other, neither closely substitutable in consumption nor production processes. However, in this latest period of trade expansion, the majority of the increase in world trade has been in manufactured goods, many of which are highly substitutable differentiated products. This has led to growth in intra-industry trade, the cross-shipment of similar products. This study links increased shares of intra-industry trade with growth in newly-industrializing countries. To examine these questions, this study first gives a review of existing literature, both theoretical and empirical. Five hypotheses on intra-industry trade are then discussed. A model is then presented and estimated, using data on bilateral trade between the United States and its five major trading partners, Canada, Japan, France, Germany, and the United Kingdom.

Determinants of Intra-Industry Trade Between East and West Europe

Author : Bernard M. Hoekman
Publisher : Unknown
Page : 128 pages
File Size : 54,7 Mb
Release : 1999
Category : Electronic
ISBN : OCLC:913715880

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Determinants of Intra-Industry Trade Between East and West Europe by Bernard M. Hoekman Pdf

November 1997 There is a good deal of intra-industry trade between nations in Central and Eastern Europe and the European Union. Most of it is vertical (the exchange of similar goods of different quality). Eastern European nations and the European Union (EU) is among the highest of all the EU's bilateral trade flows. Aturupane, Djankov, and Hoekman break down data on these trade flows into horizontal and vertical components and investigate the determinants of each. They find that vertical intra-industry trade (the exchange of similar goods of different quality) accounts for 80 to 90 percent of total intra-industry trade. It is positively associated with product differentiation, labor intensity of production, economies of scale, and foreign direct investment. Controlling for country effects, they find a statistically significant positive association between horizontal intra-industry trade (the exchange of close substitutes of similar quality) and foreign direct investment, product differentiation, and industry concentration. They find a significant negative relationship for economies of scale and labor intensity. These results do not hold if they do not control for country effects, suggesting that country-specific factors are key determinants of horizontal intra-industry trade. This paper-a product of the Development Research Group-is part of a larger effort in the group to analyze the role of trade and foreign investment in the process of transition in Eastern Europe.

The Determinants of U.S. Intra-industry Trade

Author : Frederic M. Scherer,Keun Huh
Publisher : Unknown
Page : 36 pages
File Size : 43,7 Mb
Release : 1990
Category : International trade
ISBN : UCSD:31822015515729

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The Determinants of U.S. Intra-industry Trade by Frederic M. Scherer,Keun Huh Pdf

Frontiers of Research in Intra-Industry Trade

Author : P. Lloyd,H. Lee
Publisher : Springer
Page : 303 pages
File Size : 48,9 Mb
Release : 2002-06-18
Category : Business & Economics
ISBN : 9780230285989

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Frontiers of Research in Intra-Industry Trade by P. Lloyd,H. Lee Pdf

An agenda-setting contribution to the field of intra-industry trade. P.J. Lloyd and Hyun-Hoon Lee have assembled an international cast of contributors to offer a selection of models examining the nature of intra-industry trade in several new areas of trade theory, in addition to empirical studies and analysis of much new data in trade patterns. This volume provides an authoritative new treatment of the theory, measurement and testing of the subject of intra-industry trade.

Intra-industry Trade

Author : Prasit Ch Karn,P. J. Gunawardana
Publisher : Unknown
Page : 32 pages
File Size : 48,7 Mb
Release : 1996
Category : Commercial policy
ISBN : 1875338616

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Intra-industry Trade by Prasit Ch Karn,P. J. Gunawardana Pdf

Intra-industry Trade

Author : Peter John Lloyd,Herbert G. Grubel
Publisher : Edward Elgar Publishing
Page : 584 pages
File Size : 54,6 Mb
Release : 2003
Category : Business & Economics
ISBN : IND:30000086262502

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Intra-industry Trade by Peter John Lloyd,Herbert G. Grubel Pdf

This authoritative new collection presents a selection of previously published seminal articles that have led to the development of intra-industry trade theory and empirical research. Parts I and II cover the pioneering research in the 1960s and a number of models of intra-industry trade that were developed from 1979 to the present day. Parts III and IV look at the empirical research problems in the choice of measure of intra-industry trade and empirical studies that seek to identify the nature of this trade. Part V deals with the role of the multinational corporation and part VI completes the collection with articles that look at extensions to asset markets and applications to other problems such as the geography of trade and rules of origin. Intra-Industry Trade will be an invaluable source of reference to all international trade economists and libraries specialising in this area.