Vertical and Horizontal Intra-Industry Trade: An Analysis of Country-and Industry-Specific Determinants

Robert C. Hine, David Greenaway and Chris Milner

Chapter 4 in Intra-Industry Trade and Adjustment, 1999, pp 70-97 from Palgrave Macmillan

Abstract: Abstract As discussed in Chapter 2 of this book, much theoretical effort has been expended in explaining the circumstances in which intra-industry trade (IIT) will arise. Besides a range of country-specific determinants this work has shown that scale economies, product differentiation and imperfect competition are typically important. Although the empirical work also confirms that IIT levels vary with market, production and product characteristics across industries, the results show a degree of inconsistency across studies.

Keywords: Bilateral Trade; Partner Country; Standard Industrial Classification; Unit Value; Vertical Product Differentiation (search for similar items in EconPapers)
Date: 1999
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DOI: 10.1007/978-1-349-27173-3_4

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