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

Robert Elliott () and Akm Azhar ()

Journal of Economic Integration, 2004, vol. 19, 651-666

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.

Keywords: globalisation; international trade; intra-industry trade (search for similar items in EconPapers)
JEL-codes: F19 (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:integr:0283

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