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This paper examines the relationship between per capita GDP differences and bilateral intraindustry trade shares. The … due to the presence of vertically differentiated trade. The paper begins by distinguishing between vertically and … horizontally differentiated trade, and then finds a positive and significant relationship between GDP per capita differences and …
Persistent link: https://www.econbiz.de/10014072148
The development of research studies concerning the emergence of intra-industry trade is fruitful interaction between … of intra-industry trading caused the rise of theoretical models explaining the determinants of these trade flows. It also … contributed to the debate on the need to distinguish, in empirical analyses, intra-industry trade in horizontal differentiation …
Persistent link: https://www.econbiz.de/10014030704
In this paper we use a model of vertical product differentiation to cast doubt on the general validity of the import demand function as specified in macroeconomic models. The empirical importance of our theoretical concerns is then established. According to our first hypothesis, the share of a...
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Studying intra-industry trade involves theoretical explanations and empirical methods to measure the phenomenon …. Indicators have been developed to measure the intensity of intra-industry trade, leading to theoretical models explaining its … determinants and consequences of intra-industry trade depend on whether the traded products differ in quality. A method for …
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