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 …

Preferential trade agreements could lead to a reallocation of resources across sectors and countries. Production …, empirical evidence on South-South trade agreements is limited. The purpose of this paper is to fill this gap in the empirical …, and Uruguay over the period 1985-1998. We find that deepened preferential trade liberalization has fostered a reshaping of …