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Analysis of Trade Patterns and Duration: Evidence from Food Industry in the OECD countries

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  • Lina, Yung-Hsuan
  • Chia, Pei-Yu
  • Chang, Kuo-I

Abstract

This study conducts Kaplan-Meier survival estimates on food trade patterns among the OECD countries and explores whether different survival conditions exist in different trade patterns of food sub-industries. By applying the extended Cox proportional hazard model, this study examines the effects of consumption on the survival rate for horizontal intra-industry trade pattern at the SITC four-digits level. Our findings show an important policy implication that the stability of horizontal intra-industry trade on the survival duration is driven by consumption in food industry among the OECD countries. Therefore, we suggest that policies should encourage the support of the horizontal intra-industry trade within the food industry to avoid unstable durations of trade in the global supply chain caused by the severe employment adjustments associated with traditional comparative advantage.

Suggested Citation

  • Lina, Yung-Hsuan & Chia, Pei-Yu & Chang, Kuo-I, 2021. "Analysis of Trade Patterns and Duration: Evidence from Food Industry in the OECD countries," International Journal on Food System Dynamics, International Center for Management, Communication, and Research, vol. 12(03), September.
    • Handle: RePEc:ags:ijofsd:346654
    DOI: 10.22004/ag.econ.346654
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    References listed on IDEAS

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