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Intra-Industry Trade and Specialization in Processed Agricultural Products: The Case of the US and the EC

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  • Steve McCorriston
  • Ian M. Sheldon

Abstract

The literature on intra-industry trade has generally focused on manufactured goods. Given the growth of trade in processed agricultural products, this paper examines trade in a sample of high-value products for the US and the EC using indices of intra-industry trade and intra-industry specialization. The results indicate that for total trade in 1986, the EC exhibited more intra-industry trade across the sample than the US, although much of this was due to trade among EC countries. Further, over the period 1977–1986, the EC indicated a greater tendency towards intra-industry specialization in its geographical pattern of trade than the US.

Suggested Citation

  • Steve McCorriston & Ian M. Sheldon, 1991. "Intra-Industry Trade and Specialization in Processed Agricultural Products: The Case of the US and the EC," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 13(2), pages 173-184.
    • Handle: RePEc:oup:revage:v:13:y:1991:i:2:p:173-184.
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    Cited by:

    1. Ian M. Sheldon, 2021. "Reflections on a Career as an Industrial Organization and International Economist," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 43(2), pages 468-499, June.
    2. Hoang, Viet, 2019. "The Dynamics of Agricultural Intra-Industry Trade: A Comprehensive Case Study in Vietnam," Structural Change and Economic Dynamics, Elsevier, vol. 49(C), pages 74-82.
    3. Bashir A. Qasmi & Scott W. Fausti, 2001. "NAFTA intra-industry trade in agricultural food products," Agribusiness, John Wiley & Sons, Ltd., vol. 17(2), pages 255-271.
    4. Imre Ferto & Lionel J. Hubbard, 2001. "Intra-Industry Trade in Agri-Food Products between Hungary and EU," CERS-IE WORKING PAPERS 0106, Institute of Economics, Centre for Economic and Regional Studies.
    5. Bojnec, Štefan & Hartmann, Monika, 2004. "Agricultural and food trade in Central and Eastern Europe: the case of Slovenian intra-industry trade," IAMO Discussion Papers 65, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    6. Hart, Tracy & McDonald, Bradley J., 1992. "Intra-Industry Trade Indexes for Canada, Mexico, and the United States, 1962-87," Staff Reports 278619, United States Department of Agriculture, Economic Research Service.
    7. Jeremiás Máté Balogh & Nuno Carlos Leitão, 2019. "A gravity approach of agricultural trade: The nexus of the EU and African, Caribbean and Pacific countries," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 65(11), pages 509-519.
    8. Chang, Ching-Cheng & Yang, Tuan-Chen Ou & Huang, Deng-Shing, 2001. "Intra-Industry Trade Between Taiwan And Asean-5 In The Agro-Food Sector: Patterns And Determinants," 2001 Annual meeting, August 5-8, Chicago, IL 20601, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    9. Saeed Rasekhi & Shideh Sadat Shojaee, 2012. "Determinant factors of vertical intra industry trade in agricultural sector: A study of Iran and her main trading partners," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 58(4), pages 180-190.
    10. Imre Ferto & Attila Jambor, 2015. "Drivers of vertical intra-industry trade: the case of the Hungarian agri-food sector," Agricultural Economics, International Association of Agricultural Economists, vol. 46(1), pages 113-123, January.
    11. Attila JAMBOR & Jeremias BALOGH & Peter KUCSERA, 2016. "Country and industry specific determinants of intra-industry agri-food trade in the Baltic Countries," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 62(6), pages 280-291.
    12. Lee, Chinkook & Robinson, Michelle, 1994. "Factor Intensity and the Changing Commodity Composition of U.S. Agricultural Trade," Agricultural Economic Reports 308285, United States Department of Agriculture, Economic Research Service.
    13. Wang Jing & Nuno Carlos Leitão & Horácio C. Faustino, 2010. "Intra-Industry Trade in Agricultural Products: The Case of China," Working Papers Department of Economics 2010/06, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
    14. repec:zbw:iamodp:92027 is not listed on IDEAS
    15. Hirschberg, Joseph G. & Sheldon, Ian M. & Dayton, James R., 1992. "An Analysis of Bilateral Intra-Industry Trade in the Food Processing Sector," Occasional Papers 233083, Regional Research Project NC-194: Organization and Performance of World Food Systems.
    16. van Berkum, Siemen & van Meijl, Hans, 2000. "The application of trade and growth theories to agriculture: a survey," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 44(4), pages 1-38.
    17. Fertő, Imre & Hubbard, Lionel J., 2001. "A mezőgazdasági termékek ágazaton belüli kereskedelme. Magyarország és az Európai Unió között [Intra-industry trade in agricultural products between Hungary and the European Union]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(9), pages 766-778.

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