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Intra-Industry Trade and Industry-Specific Determinants in Slovenia

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Author Info
Stanislav Černoša

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Abstract

This paper tests the industry-specific hypothesis for Slovenia as a former party to the Central European Free Trade Agreement. The values of horizontal and vertical intra-industry trade (IIT) of the ninety chosen manufacturing activities represent the dependent variable, whereas product differentiation, economies of scale, market structure, and multinational enterprises represent independent variables. The results obtained from panel techniques find strong support for the effects of industry-specific determinants of vertical IIT. Manual labor intensity in production is a comparative advantage, whereas capital intensity in production is a disadvantage.

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Publisher Info
Article provided by M.E. Sharpe, Inc. in its journal Eastern European Economics.

Volume (Year): 47 (2009)
Issue (Month): 3 (May)
Pages: 84-99
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Handle: RePEc:mes:eaeuec:v:47:y:2009:i:3:p:84-99

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Web page: http://mesharpe.metapress.com/link.asp?target=journal&id=106044

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This page was last updated on 2009-12-19.


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