Intra-Industry Trade in the Medical and Optical Instruments Industry: A Panel Data Analysis

Nuno Carlos Leitão and Horácio Crespo Faustino

Economic Research-Ekonomska Istraživanja, 2013, vol. 26, issue 2, 129-140

Abstract: This paper analyses the determinants of intraindustry trade (IIT) in the Portuguese medical and optical sector using a static and dynamic panel data analysis. The results suggest that IIT in medical and optical instruments occurs more frequently among countries that are similar in terms of relative factor endowments and are members of the same regional integration agreement. Moreover, this trade increases if the partners are geographically close.

Date: 2013
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DOI: 10.1080/1331677X.2013.11517611

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