Intra-Industry Trade Revisited: A Note

Maria de Boyrie () and Mordechai Kreinin

Open Economies Review, 2012, vol. 23, issue 4, 745 pages

Abstract: This short note revisits the relative importance of intra- and inter-industry trade by using the Grubel-Lloyd formula as a measure of intra-industry trade to the country’s manufacturing trade (sections 5–8 of the SITC) where each industry is the four digit classification. Measures for a country’s total trade, as well as its bilateral trade with specific countries are utilized. The results demonstrate that intra-industry trade dominates trade among the OECD countries, while inter-industry trade dominates North-South and South-South trade. Copyright Springer Science+Business Media, LLC 2012

Keywords: Grubel-Lloyd; Intra-industry; Inter-industry; Trade; OECD; BRIC; F14 (search for similar items in EconPapers)
Date: 2012
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DOI: 10.1007/s11079-011-9212-6

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