This paper contributes to the literature on intra-industry trade (IIT) by disentangling such trade into horizontally and vertically differentiated products, and investigating their determinants in the context of trade liberalization in Australia. IIT in Australian manufacturing has increased...

Using a translog stochastic production frontier and maximum likelihood econometric methods, we estimate and model the determinants of firm level efficiency in the Nepalese context. Our results are broadly in line with theoretical expectations. We find that large firms are more efficient and that...

The proposition that liberalization improves productivity growth is examined using data from Nepalese manufacturing-a least developed country that implemented trade liberalization during the 1980s. Productivity growth in general was negative in both the preand post-liberalization periods, but a...

This paper aims to contribute to the literature on the developmental role of foreign direct investment through an examination of the Nepalese experience during the period 1988- 2001. Despite significant liberalisation of the foreign investment regime and the introduction of attractive investment...

Foreign direct investment (FDI) has played a pivotal role in the transformation of the Chinese economy. It is the largest host of FDI among the developing world, attracting over one-third of total world investment. China’s success in attracting FDI appears to have been linked with its...

This article presents an analysis of the trends and patterns of foreign direct investment (FDI) in Mongolia, a former centrally planned economy which embarked on economic reforms in 1990. Since then, there has been a dramatic increase in FDI inflow into the country. The volume of FDI rose from...

This article investigates the effects of policy liberalization on structural change in the Australian automotive industry, with a focus on trade and productivity performance. While there has been a rise in exports and imports, productivity fell significantly following policy liberalization. The...

The debate about the effects of globalization on poverty and inequity has attracted public attention in recent years in both developed and developing countries. While globalization has contributed to a rapid expansion in world output and trade, poverty remains a major development challenge,...

Most studies of intra‐industry trade (IIT) in manufacturing exclude the processed food sub‐sector (standard international trade classification (SITC) subgroups 0‐1) from their analysis on the grounds that trade in this category is predominantly determined by the availability of natural...

This new book provides a selection of writings that cover trade, equity and development in Asia. Clem Tisdell, T.N. Srinivasan, Gustav Ranis and others write on countries from Pakistan and India to Korea and Indonesia