IDEAS home Printed from https://ideas.repec.org/a/prs/ecoprv/ecop_0249-4744_1998_num_135_4_5931.html
   My bibliography  Save this article

Commerce international et structures de marché : une vérification empirique

Author

Listed:
  • Lionel Fontagné
  • Michael Frudenberg
  • Nicolas Péridy

Abstract

[fre] Commerce international et structures de marché : une vérification empirique par Lionel Fontagné, Michel Freudenberg et Nicolas Péridy . Une part importante des échanges internationaux a lieu sur un mode intra-branche (croisement des exportations et importations au sein des branches), en contradiction apparente avec la logique de spécialisation inter-branches selon les avantages comparatifs. Les développements récents de la théorie du commerce international, intégrant de nombreux apports de l'économie industrielle, débouchent toutefois sur une synthèse entre l'approche classique (l'avantage comparatif) et la concurrence imparfaite. On déduit deux ensembles de prédictions testables de cette synthèse, amendée pour prendre en compte la différenciation verticale des produits. L'un concerne les volumes d'échanges bilatéraux, l'autre la nature, inter- ou intra-branche des échanges. On estime des équations de type gravitaire entre pays de FUE12 sur la période 1980-1994. Les approches contemporaines de la spécialisation,_basées sur l'exploitation des rendements croissants, sont validées, mais non l'approche classique en termes d'avantage comparatif. Par contre, cette dernière conserve sa validité à un niveau plus fin, sur les échelles de qualité au sein des branches._Si la différenciation des produits renforce l'échange intra-branche, comme attendu, l'association traditionnelle des économies d'échelle à l'échange intra-branche n'est validée que dans le cas de la différenciation horizontale des produits. [eng] International Trade and Market Structure: An Empirical Assesment par Lionel Fontagné, Michael Freudenberg and Nicolas Péridy . A prominent share of international trade is of an intra-industry nature (cross hauling of trade flows within industries), in contrast with the classical view of international trade. However, new developments allow for a synthesis between imperfect competition and the classical framework of comparative advantage. Using this synthesis, two sets of hypotheses are tested here, concerning the value and the nature of bilateral trade flows. Gravity type equations are estimated for EU12 countries over the period 1980-94. First, new thinking about specialisation, as an outcome of increasing returns, is validated. Second, even if comparative advantages are identified as a determinant of the specialisation along quality ladders within industries, they do no longer impulse a traditional inter-industry specialisation within our sample. Finally, product differentiation is validated as a determinant of intra-industry-trade, whereas the classical link between economies of scale and IIT is validated in the case of horizontally differentiated products only.

Suggested Citation

  • Lionel Fontagné & Michael Frudenberg & Nicolas Péridy, 1998. "Commerce international et structures de marché : une vérification empirique," Économie et Prévision, Programme National Persée, vol. 135(4), pages 147-167.
  • Handle: RePEc:prs:ecoprv:ecop_0249-4744_1998_num_135_4_5931
    Note: DOI:10.3406/ecop.1998.5931
    as

    Download full text from publisher

    File URL: https://doi.org/10.3406/ecop.1998.5931
    Download Restriction: no

    File URL: https://www.persee.fr/doc/ecop_0249-4744_1998_num_135_4_5931
    Download Restriction: no

    References listed on IDEAS

    as
    1. Brander, James & Krugman, Paul, 1983. "A 'reciprocal dumping' model of international trade," Journal of International Economics, Elsevier, vol. 15(3-4), pages 313-321, November.
    2. Lionel Fontagné & Michaël Freudenberg, 1997. "Intra-Industry Trade: Methodological Issues Reconsidered," Working Papers 1997-01, CEPII research center.
    3. Motta, Massimo & Thisse, Jacques-Francois & Cabrales, Antonio, 1997. "On the Persistence of Leadership or Leapfrogging in International Trade," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 38(4), pages 809-824, November.
    4. Dixit, Avinash K & Stiglitz, Joseph E, 1977. "Monopolistic Competition and Optimum Product Diversity," American Economic Review, American Economic Association, vol. 67(3), pages 297-308, June.
    5. Markusen, James R. & Venables, Anthony J., 1998. "Multinational firms and the new trade theory," Journal of International Economics, Elsevier, vol. 46(2), pages 183-203, December.
    6. Trefler, Daniel, 1993. "International Factor Price Differences: Leontief Was Right!," Journal of Political Economy, University of Chicago Press, vol. 101(6), pages 961-987, December.
    7. James R. Markusen, 1995. "The Boundaries of Multinational Enterprises and the Theory of International Trade," Journal of Economic Perspectives, American Economic Association, vol. 9(2), pages 169-189, Spring.
    8. Neven, Damien J. & Roller, Lars-Hendrik, 1991. "European integration and trade flows," European Economic Review, Elsevier, vol. 35(6), pages 1295-1309, August.
    9. David Greenaway & Robert Hine & Chris Milner, 1994. "Country-specific factors and the pattern of horizontal and vertical intra-industry trade in the UK," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 130(1), pages 77-100, March.
    10. Jeffrey D. Sachs & Howard J. Shatz, 1994. "Trade and Jobs in Manufacturing," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 25(1), pages 1-84.
    11. Greenaway, David & Torstensson, Johan, 2000. "Economic Geography, Comparative Advantage and Trade within Industries: Evidence from the OECD," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 15, pages 260-280.
    12. Helpman, Elhanan, 1987. "Imperfect competition and international trade: Evidence from fourteen industrial countries," Journal of the Japanese and International Economies, Elsevier, vol. 1(1), pages 62-81, March.
    13. Ethier, Wilfred J, 1982. "Decreasing Costs in International Trade and Frank Graham's Argument for Protection," Econometrica, Econometric Society, vol. 50(5), pages 1243-1268, September.
    14. Ernesto Somma, 1994. "Intra-industry trade in the European computers industry," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 130(4), pages 784-799, December.
    15. Jean Tirole, 1988. "The Theory of Industrial Organization," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262200716, January.
    16. Lionel Fontagné & Michael Freudenberg, 1999. "Endogenous Symmetry of Shocks in a Monetary Union," Open Economies Review, Springer, vol. 10(3), pages 263-287, July.
    17. David Greenaway & Chris Milner & Robert Elliott,, "undated". "UK Intra-Industry Trade with EU North and South: A Multi-Country and Multi-Industry Analysis," Discussion Papers 96/9, University of Nottingham, CREDIT.
    18. Joe Stone & Hyun-Hoon Lee, 1995. "Determinants of intra-industry trade: A longitudinal, cross-country analysis," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 131(1), pages 67-85, March.
    19. David Hummels & James Levinsohn, 1995. "Monopolistic Competition and International Trade: Reconsidering the Evidence," The Quarterly Journal of Economics, Oxford University Press, vol. 110(3), pages 799-836.
    20. Simon J. Evenett & Wolfgang Keller, 2002. "On Theories Explaining the Success of the Gravity Equation," Journal of Political Economy, University of Chicago Press, vol. 110(2), pages 281-316, April.
    21. Bernhofen, Daniel M & Hafeez, Zahid, 2001. "Oligopolistic Competition and Intra-industry Trade: Evidence from the OECD," Australian Economic Papers, Wiley Blackwell, vol. 40(1), pages 77-90, March.
    22. Lionel Fontagné & Michaël Pajot, 1997. "How Foreign Direct Investment Affects International Trade and Competitiveness: an Empirical Assessment," Working Papers 1997-17, CEPII research center.
    23. Pain, Nigel & Wakelin, Katharine, 1998. "Export Performance and the Role of Foreign Direct Investment," The Manchester School of Economic & Social Studies, University of Manchester, vol. 66(0), pages 62-88, Supplemen.
    24. Donald R. Davis & David E. Weinstein & Scott C. Bradford & Kazushige Shimpo, 1996. "The Heckscher-Ohlin-Vanek Model of Trade: Why Does It Fail? When Does It Work?," NBER Working Papers 5625, National Bureau of Economic Research, Inc.
    25. 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.
    26. Johan Torstensson, 1991. "Quality differentiation and factor proportions in international trade: An empirical test of the Swedish case," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 127(1), pages 183-194, March.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. José Vicente Blanes Cristóbal & Juliette Milgram Baleix, 2006. "Impacto de la liberalización comercial de Marruecos y de la inmigración marroquí sobre las exportaciones de las CCAA españolas hacia Marruecos," Economic Working Papers at Centro de Estudios Andaluces E2006/14, Centro de Estudios Andaluces.
    2. Khaled Guesmi & Duc Khuong Nguyen, 2013. "Regional integration of stock markets in Southeast Europe," Working Papers 2013-22, Department of Research, Ipag Business School.
    3. Juliette Milgram-Baleix & Ana I. Moro-Egido, 2010. "The Asymmetric Effect of Endowments on Vertical Intra-industrial Trade," The World Economy, Wiley Blackwell, vol. 33(5), pages 746-777, May.
    4. repec:ipg:wpaper:2014-440 is not listed on IDEAS
    5. Sylvie MONTOUT & Jean-Louis MUCCHIELLI & Soledad ZIGNAGO, 2002. "Regionalization And Intra-Industry Trade. An Analysis Of Automobile Industry Trade In Nafta," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 16, pages 137-159.
    6. José Vicente Blanes Cristóbal & Juliette Milgram Baleix, 2006. "The Free Trade Agreement Morocco-EU: A simulation of the impact on bilateral flows," Economic Working Papers at Centro de Estudios Andaluces E2006/23, Centro de Estudios Andaluces.
    7. Khaled Guesmi & Frédéric Teulon, 2014. "The determinants of regional stock market integration in middle east: A conditional ICAPM approach," International Economics, CEPII research center, issue 137, pages 22-31.
    8. Helena Marques & Hugh Metcalf, 2003. "Extending the EU Single Market Eastwards: Sectoral Trade and Real Wage Effects," Discussion Paper Series 2003_10, Department of Economics, Loughborough University, revised Oct 2003.
    9. Juliette Milgram, 2003. "Quantitative Restrictions on Clothing Imports: Impact and Determinants of the Common Trade Policy Towards Developing Countries," Economic Working Papers at Centro de Estudios Andaluces E2003/04, Centro de Estudios Andaluces.
    10. Juliette Milgram-Baleix & Ana Isabel Moro-Egido, 2005. "Intra-industry trade with emergent countries: what can we learn from spanish data?," Economics Bulletin, AccessEcon, vol. 6(12), pages 1-17.
    11. repec:ipg:wpaper:2013-022 is not listed on IDEAS
    12. Juliette Milgram Baleix & Ana I. Moro Egido, 2006. "Do Endowments Matter for Vertical Intra-Industry Trade with Emergent Countries? Empirical Evidence for Spain," ThE Papers 06/10, Department of Economic Theory and Economic History of the University of Granada..
    13. Michaël Freudenberg & Guillaume Gaulier & Deniz Ünal-Kesenci, 1998. "La régionalisation du commerce international: une évaluation par les intensités relatives bilatérales," Working Papers 1998-05, CEPII research center.
    14. Khaled Guesmi & Frederic Teulon & Amine Lahiani, 2014. "Australia’s integration into the ASEAN- 5 Region," Working Papers 2014-207, Department of Research, Ipag Business School.
    15. Juliette Milgram Baleix & Ana I Moro-Egido, "undated". "Trade types with developed and developing countries. What can we learn from Spanish data?," Working Papers on International Economics and Finance 05-06, FEDEA.
    16. Lionel Fontagné & Michaël Pajot, 1999. "Investissement direct à l'étranger et échanges extérieurs : un impact plus fort aux États-Unis qu'en France," Économie et Statistique, Programme National Persée, vol. 326(1), pages 71-95.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prs:ecoprv:ecop_0249-4744_1998_num_135_4_5931. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Equipe PERSEE). General contact details of provider: https://www.persee.fr/collection/ecop .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.