Two-way trade in (almost) homogenous products has ambiguous welfare effects if entry is restricted. We examine Swedish imports of bottled water to investigate whether transport cost losses from trade outweigh the partial equilibrium gains from trade (stronger competition and more brands to...

The objective of the paper is to study Russia's pattern of specialisation in the manufactures trade since 1998. Russia's global trade balance for manufactures is rapidly deteriorating. However, the trade pattern in manufactures should be differentiated according to Russia’s main trading...

This paper analyzes dynamic changes of China's intra-industry trade with its major trading partners, Japan and the US, from 1980 to 2004. It also investigates to what extent foreign direct investment promoted intra-industry trade. The empirical results show that, while shares of China's...

Why is it that exporter productivity premia (EPP) differ so widely in size? We take this question to the theory and to the data. We derive the sectoral EPP in a standard heterogeneous firms trade model and apply the insights from the model to 13 years of data for all Danish manufacturing firms....

This article aims at analysing the significance of the intra-industry trade in the Polish foreign trade in agri-food products and assessment of the competitiveness of the Polish food sector on this basis. The analysis uses, first of all, the index introduced by Grubel and Lloyd (hereinafter...

China’s intra-industry trade (IIT) with East Asia was minimal during the early years of opening up from 1978 to 1993 but increased relative to inter-industry trade in the post-1993 years. Bilateral intra-industry trade (BIIT) with Japan and Korea was sustained in capital-intensive heavy...

After the EU accession of the Visegrad countries (the Czech Republic, Hungary, Poland and Slovakia) in 2004 one of the most remarkable developments was a sudden upturn in mutual trade of this region’s countries. In 2007 the value of aggregate intra-Visegrad trade was two and a half times...

Have exogenous changes in import competition from low-wage countries (LWCs) brought about changes in inflationary pressure in Europe? This paper examines whether labor-intensive exports from Asia and other global regions have a uniform impact on producer prices in Germany, France, Italy, Sweden,...

This paper analyses the current state of participation of India in the international production networks(IPNs) of manufacturing industries in Asia, and identifies the constraints and challenges for India's deeper participation in the near future.