Aturupane, Chonira; Djankov, Simeon; Hoekman, Bernard - 2004
There is a good deal of intra-industry trade between nations in Central and Eastern Europe and the European Union. Most … (EU) is among the highest of all the EU's bilateral trade flows. Aturupane, Djankov, and Hoekman break down data on these … trade flows into horizontal and vertical components and investigate the determinants of each. They find that vertical intra …