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Exchange Rates and Trade Balances: Effects of Intra-Industry Trade and Vertical Specialization [PDF]

open access: yesOpen Economies Review, 2021
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Rebecca Neumann, Saleh S Tabrizy
exaly   +3 more sources

Demand patterns and vertical intra-industry trade with special reference to North-South trade [PDF]

open access: yesJournal of International Trade and Economic Development, 2002
Demand patterns have been considered important driving forces of intra-industry trade (IIT) ever since the emergence of IIT literature. The distribution of income within countries and per capita income differences between countries are regarded as major explanatory factors behind vertical IIT.
Joakim Gullstrand
exaly   +3 more sources

Technology, Preference for Quality, and Vertical Intra-Industry Trade

open access: yesModern Economy, 2010
This paper provides a simple theoretical model to investigate determinants of the vertical IIT based on Bertrand price competition. We find that the volume of trade is higher among countries where R&D investments are larger. In addition, the vertical IIT share increases with the similarity between two countries in terms of technology and per-capita ...
Le Duc Niem
exaly   +3 more sources
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Tests of the empirical classification of horizontal and vertical intra-industry trade

Weltwirtschaftliches Archiv, 2002
Tests of the Empirical Classification of Horizontal and Vertical IntraIndustry Trade. — Using longitudinal data this paper shows the separation of international trade in (a) inter-industry trade, (b) horizontal intra-industry trade, and (c) vertical intra-industry trade used in the empirical trade literature to be non-stable at the individual product ...
Nielsen, Jørgen Ulff-Møller   +1 more
openaire   +5 more sources

Income Disparity, Vertical Intra-industry Trade, and Welfare in Integration

open access: yesProcedia Economics and Finance, 2013
AbstractThis paper constructs an intra-industry trade model with vertical product differentiation and considers a free- trade region where two countries of different income levels to investigate the welfare effects of falling trade costs. It shows that the trade patterns are affected by the income disparity of integrated countries. Moreover, this study
Yan-Shu Lin
exaly   +2 more sources

Driving forces of vertical intra-industry trade in Europe 1996–2005 [PDF]

open access: yesReview of World Economics, 2009
A common feature in the empirical literature of intra-industry trade is the analysis of trade between a given reference country and a set of partners. This article differs from previous studies by examining the bilateral trade among all trading partners within a set of partners. Using a panel data approach, we find that differences in factor endowments
Jensen , Lars, Lüthje , Teit
exaly   +3 more sources

An intra-industry trade model in a vertical differentiation framework

The Annals of Regional Science, 2013
We developed a partial equilibrium model in which intra-industry trade arises as a result of utility maximization of consumers and profit maximization of firms. The driving force for intra-industry trade is non-homothetic preferences of consumers. We utilized a vertical differentiation framework, in which consumers have the same tastes for quality but ...
E. Ayşen Hiç Gencer   +1 more
openaire   +1 more source

Measuring vertical and horizontal intra-industry trade: the case for Turkey

open access: yesInternational Journal of Economics and Business Research, 2012
Measuring horizontal intra-industry trade and vertical intra-industry trade (VIIT) requires that traded products be classified as horizontally differentiated and vertically differentiated, and Greenaway et al. (1994) do this by using the relative unit values of exports and imports. We used the five-digit SITC, Rev.
Guzin Erlat, Haluk Erlat
exaly   +3 more sources

Vertical Intra-industry trade: Patterns and Determinants in the Italian Case [PDF]

open access: possible, 2005
Using a cross-country analysis, this paper examines the determinants of the Italian intra-industry trade in vertically differentiated products. By considering the degree of specialization by quality within industries, we found that Italy’s IIT in low-quality products is higher the lower the factor endowment difference and the higher the technological ...
PITTIGLIO, Rosanna, Reganati F.
openaire   +2 more sources

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