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A Survey of Intra-Industry Trade in the European Union

In: Intra-Industry Trade and Adjustment

Author

Listed:
  • Marius Brülhart
  • Robert J. R. Elliott

Abstract

During the negotiation and implementation stages of the ‘1992’ Single Market programme, prominent economists anticipated that the pressures for industrial restructuring among EU1 countries would be considerably stronger than during previous episodes of European integration. Krugman (1987, p. 364) states: ‘The question now is whether the further expansion of trade in progress will be equally easy to cope with. The unfortunate answer is, probably not.’ Greenaway and Hine (1991, p. 620) suggests that: ‘specialisation in Europe may have entered a new phase, and that this could pose greater problems for adjustment’.

Suggested Citation

  • Marius Brülhart & Robert J. R. Elliott, 1999. "A Survey of Intra-Industry Trade in the European Union," Palgrave Macmillan Books, in: Marius Brülhart & Robert C. Hine (ed.), Intra-Industry Trade and Adjustment, chapter 5, pages 98-117, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-27173-3_5
    DOI: 10.1007/978-1-349-27173-3_5
    as

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