Vertical and Horizontal Intra-Industry Trade: What is the Empirical Evidence for the UK?
Giuseppe Celi
CELPE Discussion Papers from CELPE - CEnter for Labor and Political Economics, University of Salerno, Italy
Abstract:
Since the pioneering contributions of Balassa (1966) and Grubel and Lloyd (1975) revealed a remarkable incidence of simultaneous exports and imports within industries (intra-industry trade) in the foreign trade structure of developed countries, a large body of academic work has expanded empirical and theoretical understanding of this phenomenon.
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Date: 1999-06
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