Dissecting intra-industry trade
Abstract
We show that gradually most U.S. manufacturing trade has become intra-industry, even at the finest level of aggregation. This also holds for the E.U. and increasingly for China, but only if goods are not classified by quality; Japanese trade remains far more inter-industry.(This abstract was borrowed from another version of this item.)
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Paper provided by Katholieke Universiteit Leuven in its series Open Access publications from Katholieke Universiteit Leuven with number urn:hdl:123456789/289294.Length:
Date of creation: Feb 2011
Date of revision:
Publication status: Published in Economics Letters (2011-02) v.110, p.71-75
Handle: RePEc:ner:leuven:urn:hdl:123456789/289294
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Web page: http://www.kuleuven.be
Related research
Keywords:Other versions of this item:
- Van Biesebroeck, Johannes, 2011. "Dissecting intra-industry trade," Economics Letters, Elsevier, vol. 110(2), pages 71-75, February.
References
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- Grubel, Herbert G & Lloyd, P J, 1971. "The Empirical Measurement of Intra- Industry Trade," The Economic Record, The Economic Society of Australia, vol. 47(120), pages 494-517, December.
- Krugman, Paul, 1980. "Scale Economies, Product Differentiation, and the Pattern of Trade," American Economic Review, American Economic Association, vol. 70(5), pages 950-59, December.
- Krugman, Paul, 1995. "Increasing returns, imperfect competition and the positive theory of international trade," Handbook of International Economics, in: G. M. Grossman & K. Rogoff (ed.), Handbook of International Economics, edition 1, volume 3, chapter 24, pages 1243-1277 Elsevier.
- Hallak, Juan Carlos, 2006. "Product quality and the direction of trade," Journal of International Economics, Elsevier, vol. 68(1), pages 238-265, January.
- David Greenaway & Johan Torstensson, 1997.
"Back to the future: Taking stock on intra-industry trade,"
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- David Greenaway & Johan Torstensson,, . "Back to the Future: Taking Stock on Intra-Industry Trade," Discussion Papers 96/14, University of Nottingham, CREDIT.
- Jianhong Zhang & Arjen van Witteloostuijn & Chaohong Zhou, 2005. "Chinese Bilateral Intra-Industry Trade: A Panel Data Study for 50 Countries in the 1992–2001 Period," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 141(3), pages 510-540, October.
- Ng, Francis & Yeats, Alexander, 1999. "Production sharing in East Asia : who does what for whom, and why?," Policy Research Working Paper Series 2197, The World Bank.
- Peter K. Schott, 2004. "Across-product Versus Within-product Specialization in International Trade," The Quarterly Journal of Economics, MIT Press, vol. 119(2), pages 646-677, May.
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