Economic Development and Intra-industry Trade in the Republic of Korea

Ranajoy Bhattacharyya

Journal of Economic Integration, 2005, vol. 20, 809-831

Abstract:

Vertical intra-industry trade dominates horizontal intra-industry trade in Korea. A time series analysis on both these types of intra-industry trade yields the following: (1) vertical intra industry trade was caused by the rapid economic development that the Korean economy experienced in the past thirty years and (2) horizontal intra-industry trade was more random in nature caused only by the aggregate volume of trade.

Keywords: Vertical intra industry trade; Horizontal intra industry trade; Economic development; Causality (search for similar items in EconPapers)
JEL-codes: F12 F14 (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:ris:integr:0342

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