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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...
Persistent link: https://www.econbiz.de/10005138865
This paper offers a new treatment of the labour market effects of international trade, based on a model in which intra-industry trade is explained on Heckscher-Ohlin principles. The model is more consistent with stylised facts about North-South trade than the traditional Heckscher-Ohlin model of...
Persistent link: https://www.econbiz.de/10005456430
The work offers a new treatment of the labour market effects of international trade building on recent developments in the literature on intra-industry trade (IIT) stressing the importance of vertical IIT. The central idea is that heterogeneity of traded goods plays a crucial role both in terms...
Persistent link: https://www.econbiz.de/10005600529
In this paper we are trying to evaluate the differential impact of Outward Processing Traffic (OPT) flows with respect to the final trade flows on the labour markets of EU countries. In particular, two EU countries are investigated, Germany and Italy, because of their relevance on total EU-CEEC...
Persistent link: https://www.econbiz.de/10005600530