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Economic Integration and the Evolution of Trade: A Geometric Interpretation of Trade Measures

Author

Listed:
  • J.R. Elliott, Robert

    (Universiti Putra Malaysia)

  • K.M. Azhar, Abdul

    (University of Manchester)

Abstract

The increase in global trade and the ongoing erosion of trade barriers makes the analysis of trade patterns one of the key areas in international economics. Much of the post-war expansion of trade took the form of intra-industry trade (IIT). This paper presents a simple geometric tool to analyse trade patterns specifically inter and intra-industry trade and the compatibility between levels and measures of IIT. The applicability our methodology is demonstrated using the UKs trade experience during the critical period of EU integration 1988-1997.

Suggested Citation

  • J.R. Elliott, Robert & K.M. Azhar, Abdul, 2004. "Economic Integration and the Evolution of Trade: A Geometric Interpretation of Trade Measures," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 19, pages 651-666.
    • Handle: RePEc:ris:integr:0283
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    Citations

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    Cited by:

    1. Lionel Fontagné & Michael Freudenberg & Guillaume Gaulier, 2005. "Disentangling Horizontal and Vertical Intra-Industry Trade," Working Papers 2005-10, CEPII research center.
    2. Sakshi Aggarwal & Debashis Chakraborty, 2020. "Is there any relationship between Marginal Intra-Industry Trade and Employment Change? Evidence from Indian Industries," Working Papers 2044, Indian Institute of Foreign Trade.
    3. Sakshi Aggarwal & Debashis Chakraborty, 2020. "Labour Market Adjustment and Intra-Industry Trade: Empirical Results from Indian Manufacturing Sectors," Journal of South Asian Development, , vol. 15(2), pages 238-269, August.

    More about this item

    Keywords

    globalisation; international trade; intra-industry trade;
    All these keywords.

    JEL classification:

    • F19 - International Economics - - Trade - - - Other

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