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

In: Intra-Industry Trade and Adjustment

Author

Listed:
  • Robert C. Hine
  • David Greenaway
  • Chris Milner

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.

Suggested Citation

  • Robert C. Hine & David Greenaway & Chris Milner, 1999. "Vertical and Horizontal Intra-Industry Trade: An Analysis of Country-and Industry-Specific Determinants," Palgrave Macmillan Books, in: Marius Brülhart & Robert C. Hine (ed.), Intra-Industry Trade and Adjustment, chapter 4, pages 70-97, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-27173-3_4
    DOI: 10.1007/978-1-349-27173-3_4
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    Cited by:

    1. Algieri, Bernadina, 2004. "Trade specialisation patterns: the case of Russia," BOFIT Discussion Papers 19/2004, Bank of Finland Institute for Emerging Economies (BOFIT).
    2. Mary Lovely & Douglas Nelson, 2002. "Intra-industry trade as an indicator of labor market adjustment," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 138(2), pages 179-206, June.

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