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Intra-Industry Trade Revisited: A Note

Author

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  • Maria de Boyrie
  • Mordechai Kreinin

Abstract

This short note revisits the relative importance of intra- and inter-industry trade by using the Grubel-Lloyd formula as a measure of intra-industry trade to the country’s manufacturing trade (sections 5–8 of the SITC) where each industry is the four digit classification. Measures for a country’s total trade, as well as its bilateral trade with specific countries are utilized. The results demonstrate that intra-industry trade dominates trade among the OECD countries, while inter-industry trade dominates North-South and South-South trade. Copyright Springer Science+Business Media, LLC 2012

Suggested Citation

  • Maria de Boyrie & Mordechai Kreinin, 2012. "Intra-Industry Trade Revisited: A Note," Open Economies Review, Springer, vol. 23(4), pages 741-745, September.
    • Handle: RePEc:kap:openec:v:23:y:2012:i:4:p:741-745
    DOI: 10.1007/s11079-011-9212-6
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    References listed on IDEAS

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    1. Michael G. Plummer (ed.), 2004. "Empirical Methods in International Trade," Books, Edward Elgar Publishing, number 3447.
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    Cited by:

    1. Youngho Kang, 2017. "Job Destruction and the Impact of Imports on Wages in U.S. Manufacturing," Open Economies Review, Springer, vol. 28(4), pages 711-730, September.
    2. Roy, Jayjit, 2017. "On the environmental consequences of intra-industry trade," Journal of Environmental Economics and Management, Elsevier, vol. 83(C), pages 50-67.
    3. Kapetanios, George & Serlenga, Laura & Shin, Yongcheol, 2021. "Estimation and inference for multi-dimensional heterogeneous panel datasets with hierarchical multi-factor error structure," Journal of Econometrics, Elsevier, vol. 220(2), pages 504-531.

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    More about this item

    Keywords

    Grubel-Lloyd; Intra-industry; Inter-industry; Trade; OECD; BRIC; F14;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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