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Allyn Young Specialisation and Intermediate Goods in Intra-Industry Trade

In: Intra-Industry Trade

Author

Listed:
  • Jacob Kol
  • Paul Rayment

Abstract

Introducing their chapter on ‘Differentiated Products and Economies of Scale’ Grubel and Lloyd (1975) distinguish various groups of products, differing from each other according to two criteria: similarity of input requirements and substitutability in end use. The products serving as examples comprise final consumer goods such as cars and cigarettes, but also intermediate products as yarn and steel bars. Later on in their chapter when discussing the ‘nature of product differentiation and trade’, examples offered refer to consumer goods only.

Suggested Citation

  • Jacob Kol & Paul Rayment, 1989. "Allyn Young Specialisation and Intermediate Goods in Intra-Industry Trade," Palgrave Macmillan Books, in: P. K. M. Tharakan & Jacob Kol (ed.), Intra-Industry Trade, chapter 4, pages 51-68, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-10464-2_4
    DOI: 10.1007/978-1-349-10464-2_4
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    Cited by:

    1. Rodas-Martini, Pablo, 1998. "Intra-industry trade and revealed comparative advantage in the Central American Common Market," World Development, Elsevier, vol. 26(2), pages 337-344, February.
    2. Kemal Turkcan, 2005. "Determinants of Intra-Industry Trade in Final Goods and Intermediate Goods between Turkey and Selected OECD Countries," Istanbul University Econometrics and Statistics e-Journal, Department of Econometrics, Faculty of Economics, Istanbul University, vol. 1(1), pages 21-40, May.

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