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Dissecting intra-industry trade

Johannes Van Biesebroeck ()

Economics Letters, 2011, vol. 110, issue 2, 71-75

Abstract: We show that gradually most U.S. manufacturing trade has become intra-industry, even at the finest level of aggregation. This also holds for the E.U. and increasingly for China, but only if goods are not classified by quality; Japanese trade remains far more inter-industry.

Keywords: New; trade; theory; Trade; overlap; Product; differentiation; Product; quality (search for similar items in EconPapers)
Date: 2011
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Handle: RePEc:eee:ecolet:v:110:y:2011:i:2:p:71-75