Economic Development and Intra-Industry Trade in Less Developed Countries

Ranajoy Bhattacharyya
Additional contact information
Ranajoy Bhattacharyya: Department of Business Management, Calcutta University, Kolkata, India

Indian Economic Review, 2007, vol. 42, issue 1, pages 57-75

Abstract: This paper provides a comprehensive analysis of intra-industry trade (IIT) and its relationship to economic development in eighteen Asian and Latin American less developed countries. The general conclusion of the paper is that IIT in less developed countries is significant and stable but smaller in magnitude to developed countries. The relationship between the extent of economic development and IIT however is masked by the presence of outliers. Appropriate methods are adopted first to identify and remove these outliers. The final conclusion that emerges is that the relationship between economic development and IIT is a strong one.

Keywords: Intra-Industry Trade; Economic Development; Transitiar Probability Matrix; Outliers (search for similar items in EconPapers)
JEL-codes: F12 (search for similar items in EconPapers)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Ordering information: This journal article can be ordered from
http://www.ierdse.org/

Access Statistics for this article

Indian Economic Review is edited by Partha Sen and Pami Dua

More articles in Indian Economic Review from Department of Economics, Delhi School of Economics
Address: Delhi 110 007
Contact information at EDIRC.
Series data maintained by Pami Dua ().