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Horizontal and Vertical Intra-Industry Trade of NAFTA and MERCOSUR: The Case of the Automobile Industry [PDF]
, 2013 The NAFTA and MERCOSUR agreements seem to have accelerated the regional integration process respectively within North and South of America. In the South in particular, MERCOSUR has led to trade liberalization and deregulation, which has resulted in significant growth of its regional trade.
Montout, Sylvie +2 more
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Country-specific factors and the pattern of horizontal and vertical intra-industry trade in the UK
Weltwirtschaftliches Archiv, 1994Country-Specific Factors and the Pattern of Horizontal and Vertical Intra-Industry Trade in the UK. - A large number of empirical studies have investigated the relationship between country-specific factors and total intra-industry trade (IIT). One important shortcoming of this literature is that it ignores the distinction between horizontal and ...
David Greenaway
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Horizontal and Vertical Intra‐industry Trade: An Empirical Test of the ‘Homogeneity Hypothesis’
The World Economy, 2012AbstractIn this paper, we study if and how country‐specific factors affect intra‐industry trade (IIT) when heterogeneity among sectors is allowed for. The paper is novel in that it is the first that addresses an issue raised by Greenaway et al. (Oxford Bulletin of Economics and Statistics, 1999, 61, 365).
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Horizontal and Vertical Intra-Industry Trade: The Case of Asean Trade in Manufactures
International Economic Journal, 2003For over two decades prior to the Asian Currency crisis of 1997, the economies of the ASEAN-5 underwent an impressive economic expansion while increasing their openness to trade. This paper examines the role of intra-industry trade (IIT) in intra-ASEAN trade.
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HORIZONTAL AND VERTICAL INTRA-INDUSTRY TRADE IN THE U.S. FOOD PROCESSING INDUSTRY
2002Intra-industry trade (IIT) in the U.S. food processing industry is evaluated in this study. The IIT index is disentangled into horizontal and vertical components and evaluated at 6-digit HTS product levels. The degree of IIT varies across different trading partners and sub-industries, and, for the U.S.
Sun, Changyou +3 more
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Horizontal and Vertical Intra-Industry Trade: New Evidence from Korea, 1991-1999
Global Economy Journal, 2005This study tests the validity of the alternative hypotheses in the intra-industry trade (IIT) literature using information on Korea’s trade between 1991 and 1999. The study refines previous studies by breaking down IIT into horizontally and vertically differentiated products, controlling for country fixed-effects, and using more variables relevant to ...
Sang-Hyop Lee
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U.S. Vertical and Horizontal Intra-Industry Trade Patterns with the Middle East
Journal of Interdisciplinary Economics, 2011The main objective of this paper is to examine the extent of the U.S. vertical and horizontal intra-industry trade patterns with the countries in the Middle Eastern region. To deepen our understanding of the development of trade and investment relations between the U.S. and the Middle Eastern countries, we consider both the commodity structure of trade
Aysar Philip Sussan +3 more
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Horizontal and vertical intra-industry trade between Eastern Europe and the European union
Weltwirtschaftliches Archiv, 1999Horizontal and Vertical Intra-Industry Trade Between Eastern Europe and the European Union. — The share of intra-industry trade (IIT) in total trade between central and east European nations and the EU is broken down into various components. Vertical IIT is found to account for 80 to 90 percent of total IIT. Controlling for country-specific effects, it
Bernard Hoekman, Simeon Djankov
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International Journal of Economics and Business Research, 2012
Using data that represent the six-digit North American Industrial Classification System-classified industries that comprise the US manufacturing sector and that span the years 1989–2005, we test the validity of the smooth adjustment hypothesis (SAH). To our knowledge, this is the first examination of the SAH for the USA.
Roger White
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Using data that represent the six-digit North American Industrial Classification System-classified industries that comprise the US manufacturing sector and that span the years 1989–2005, we test the validity of the smooth adjustment hypothesis (SAH). To our knowledge, this is the first examination of the SAH for the USA.
Roger White
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Vertical and horizontal patterns of intra-industry trade between EU and candidate countries
2008The decomposition of intra-industry shares in trade between EU and candidate countries reveals predominantly vertical structures with decisively more quality advantages for the EU and less quality advantages for candidate countries. This paper offers an explanation for the increasing share of vertical intra-industry trade.
Segnana, Maria Luigia, H. Gabrisch
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