The Study of Intra Industry Trade among ECO Members

Saeed Rasekhi

No 6073, International Conference on Energy, Regional Integration and Socio-economic Development from EcoMod

Abstract: Intra industry trade may promote bilateral and multilateral trade among the ECO members. The paper has investigated IIT and its potentials between the countries. The methodology is based on recent indices of IIT types. The results indicate low but increasing intra industry trade between the selected countries. Furthermore, an important part of this IIT is allocated to Vertical Intra Industry (VIIT). Then, it seems that ECO's cross country trade is based on comparative advantage currently. We suggest that the members should pay more attention to their bilateral and multilateral IIT to promote trade and cooperation with each other.

Keywords: ECO members based on data availibilty; Trade and regional integration; Trade and regional integration (search for similar items in EconPapers)
Date: 2013-09-05
New Economics Papers: this item is included in nep-cwa and nep-int
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Persistent link: https://EconPapers.repec.org/RePEc:ekd:005741:6073

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