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Trade patterns in the process of European integration: Evidence for the intraindustrial exchanges of a Mediterranean peripheral region

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  • Mónica Rivera

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    Abstract

    The aim of this paper is to find out about the impact of the integration processes on peripheral regions, in connection with the growth of nontraditional trade or intraindustry trade. Firstly, the specialization pattern estimating the Grubel and Lloyd Indexes and decomposition by nature differentiation is described. Secondly, an econometric model based on a logistic function is elaborated to explain the determinants of this typology of flow developed in the region. The conclusions are clear: the predominance of the traditional interindustrial specialization and the growth of intraindustry trade differentiated by quality. This implies, according to smooth adjustment hypothesis, a more difficult and harder adjustment process after the exchanges liberalization. Copyright Springer-Verlag Berlin Heidelberg 2014

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    Bibliographic Info

    Article provided by Springer in its journal The Annals of Regional Science.

    Volume (Year): 52 (2014)
    Issue (Month): 1 (January)
    Pages: 227-249

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    Handle: RePEc:spr:anresc:v:52:y:2014:i:1:p:227-249

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    Keywords: F12; F15; R11;

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    1. Joan Martín-Montaner & Vicente Ríos, 2002. "Vertical specialization and intra-industry trade: The role of factor endowments," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 138(2), pages 340-365, June.
    2. Jorge Selaive, 1998. "Comercio Intraindustrial en Chile," Working Papers Central Bank of Chile 44, Central Bank of Chile.
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    8. Haynes, Michelle & Upward, Richard & Wright, Peter, 2000. "Smooth and Sticky Adjustment: A Comparative Analysis of the US and UK," Review of International Economics, Wiley Blackwell, vol. 8(3), pages 517-32, August.
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    10. José Blanes & Carmela Martín, 2000. "The nature and causes of intra-industry trade: Back to the comparative advantage explanation? The case of Spain," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 136(3), pages 423-441, 09.
    11. Campbell, Carl III, 1989. "Sectoral wage rigidity in the Canadian and French economies," European Economic Review, Elsevier, vol. 33(9), pages 1727-1749, December.
    12. Joseph Pelzman, 1978. "Soviet-COMECON trade: The question of intra-industry specialization," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 114(2), pages 297-304, June.
    13. Clive Hamilton & Paul Kniest, 1991. "Trade liberalisation, structural adjustment and intra-industry trade: A note," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 127(2), pages 356-367, June.
    14. Greenaway, David & Hine, Robert C & Milner, Chris, 1995. "Vertical and Horizontal Intra-industry Trade: A Cross Industry Analysis for the United Kingdom," Economic Journal, Royal Economic Society, vol. 105(433), pages 1505-18, November.
    15. Caves, Richard E, 1981. "Intra-Industry Trade and Market Structure in the Industrial Countries," Oxford Economic Papers, Oxford University Press, vol. 33(2), pages 203-23, July.
    16. Michael Storper & Yun-chung Chen, 2002. "Trade and the location of industries in the OECD and European Union," Journal of Economic Geography, Oxford University Press, vol. 2(1), pages 73-107, January.
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