Evolution of the toolbox for measuring intra-industry trade

Nikolay Yordanov ()
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Nikolay Yordanov: D. A. Tsenov Academy of Economics, Department of International Economic Relations

Yearbook of D. A. Tsenov Academy of Economics, 2015, vol. 118, issue 1, 125-150

Abstract: The growing importance of intra-industry trade and its role for decreasing the cost of adjustment of economies along the processes of their transformation require a toolbox for accurate measurement of its share. The study reviews three major stages in the development of the mathematical models for measuring intra-industry trade: 1) Initial quantification attempts; 2) Historical measuring; 3) Decomposing the intra-industry trade into vertical and horizontal trade. The author has described the specific indices and methodologies used at each stage and analyzed those of their specific characteristics the researches should take into account when using them.

Keywords: intra-industry trade; Grubel and Lloyd Index; models of intra-industry trade decomposition. (search for similar items in EconPapers)
JEL-codes: F12 F14 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:dat:yrbook:v:118:y:2015:i:1:p:125-150

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