“Another Empirical Look at the Theory of Overlapping Demands - Un altro sguardo empirico alla teoria delle overlapping demands
Linder’s theory of overlapping demands suggests that international trade in manufactured goods will be stronger between countries with similar per capita income levels. In this paper, we test the Linder hypothesis for five East Asian countries using panel data for five years. In addition to including bilateral trade data for these countries, we include their bilateral trade data with their other major trading partners. A modified gravity model is developed for this purpose. The model is first estimated for each year in the sample. In addition, a panel data set is constructed and estimated using a fixed-effects estimator. The overall results of our estimations are quite robust and do not provide support for Linder’s hypothesis. - Secondo la teoria delle overlapping demands di Linder, il commercio internazionale di beni manufatti risulterebbe essere maggiore tra i paesi che presentano livelli di reddito procapite simili. In questo studio tale teoria viene applicata a cinque paesi dell’est asiatico utilizzando dati panel per un periodo di cinque anni. Oltre a considerare i dati del commercio bilaterale tra questi paesi, sono stati inclusi anche i dati del commercio bilaterale con gli altri principali partner commerciali. A questo proposito è stato sviluppato un modello gravitazionale modificato, stimato prima per ogni anno del campione. È stato realizzato un panel data set attraverso un fixed effect estimator. Le stime ottenute risultano nel complesso robuste e non forniscono evidenze a sostegno dell’ipotesi di Linder.
Volume (Year): 64 (2011)
Issue (Month): 1 ()
|Contact details of provider:|| Postal: Via Garibaldi 4, 16124 Genova, Italy|
Phone: +39 010 27041
Fax: +39 010 2704222
Web page: http://www.iei1946.it/it/index.php
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Carsten Fink & Beata Smarzynska Javorcik & Mariana Spatareanu, 2005.
"Income-Related Biases in International Trade: What Do Trademark Registration Data Tell Us?,"
Review of World Economics (Weltwirtschaftliches Archiv),
Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 141(1), pages 79-103, April.
- Carsten Fink & Javorcik,Beata & Mariana Spatareanu, 2003. "Income-related biases in international trade : what do trademark registration data tell us?," Policy Research Working Paper Series 3150, The World Bank.
- Carmen Fillat-Castejon & Jose Ma Serrano-sanz, 2004. "Linder Revisited: Trade and Development in the Spanish Economy," International Review of Applied Economics, Taylor & Francis Journals, vol. 18(3), pages 323-348.
- Thomas Kennedy & Richard McHugh, 1983. "Taste similarity and trade intensity: A Test of the linder hypothesis for United States exports," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 119(1), pages 84-96, March.
- Bergstrand, Jeffrey H, 1990. "The Heckscher-Ohlin-Samuelson Model, the Linder Hypothesis and the Determinants of Bilateral Intra-industry Trade," Economic Journal, Royal Economic Society, vol. 100(403), pages 1216-1229, December.
- Thursby, Jerry G & Thursby, Marie C, 1987. "Bilateral Trade Flows, the Linder Hypothesis, and Exchange Risk," The Review of Economics and Statistics, MIT Press, vol. 69(3), pages 488-495, August.
- Changkyu Choi, 2002. "Linder hypothesis revisited," Applied Economics Letters, Taylor & Francis Journals, vol. 9(9), pages 601-605. Full references (including those not matched with items on IDEAS)
When requesting a correction, please mention this item's handle: RePEc:ris:ecoint:0610. 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: (Angela Procopio)
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 references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link 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 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.