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Economic Development and Intra-industry Trade in the Republic of Korea

Author

Listed:
  • Bhattacharyya, Ranajoy

    (Calcutta University)

Abstract

Vertical intra-industry trade dominates horizontal intra-industry trade in Korea. A time series analysis on both these types of intra-industry trade yields the following: (1) vertical intra industry trade was caused by the rapid economic development that the Korean economy experienced in the past thirty years and (2) horizontal intra-industry trade was more random in nature caused only by the aggregate volume of trade.

Suggested Citation

  • Bhattacharyya, Ranajoy, 2005. "Economic Development and Intra-industry Trade in the Republic of Korea," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 20, pages 809-831.
    • Handle: RePEc:ris:integr:0342
    as

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    Citations

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    Cited by:

    1. Aggarwal, Sakshi, 2023. "The empirical measurement and determinants of intra-industry trade for a developing country," MPRA Paper 117112, University Library of Munich, Germany.
    2. Aggarwal, Sakshi & Chakraborty, Debashis, 2017. "Determinants of India’s Bilateral Intra-Industry Trade over 2001-15: Empirical Results," MPRA Paper 78020, University Library of Munich, Germany.
    3. Aggarwal, Sakshi, 2023. "Intra-industry trade: Revisiting theory and Literature Survey," MPRA Paper 117182, University Library of Munich, Germany.
    4. Sawyer, William C. & Sprinkle, Richard L. & Tochkov, Kiril, 2010. "Patterns and determinants of intra-industry trade in Asia," Journal of Asian Economics, Elsevier, vol. 21(5), pages 485-493, October.
    5. Sakshi Aggarwal & Debashis Chakraborty, 2022. "Which Factors Influence India’s Bilateral Intra-Industry Trade? Cross-Country Empirical Estimates," Working Papers 2260, Indian Institute of Foreign Trade.
    6. Sakshi Aggarwal & Debashis Chakraborty, 2017. "Determinants of India’s Bilateral Intra-industry Trade over 2001–2015," South Asia Economic Journal, Institute of Policy Studies of Sri Lanka, vol. 18(2), pages 296-313, September.
    7. Sakshi Aggarwal & Debashis Chakraborty, 2021. "Which Factors influence Vertical Intra-Industry Trade in India? Empirical Results from Panel Data Analysis," Working Papers 2154, Indian Institute of Foreign Trade.
    8. Sakshi Aggarwal & Debashis Chakraborty, 2022. "Which Factors Influence India’s Intra-Industry Trade? Empirical Findings for Select Sectors," Global Business Review, International Management Institute, vol. 23(3), pages 729-755, June.

    More about this item

    Keywords

    Vertical intra industry trade; Horizontal intra industry trade; Economic development; Causality;
    All these keywords.

    JEL classification:

    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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