Vertical and Horizontal Intra Industry Trade in Some Asian and Latin American Less Developed Countries

• 영문명: Vertical and Horizontal Intra Industry Trade in Some Asian and Latin American Less Developed Countries
• 발행기관: 세종대학교 경제통합연구소
• 저자명: Ranajoy Bhattacharyya
• 간행물 정보: 『Journal of Economic Integration』제17권 제2호, 273~296쪽, 전체 24쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2002.06.30

영문 초록

A casual look at the intra industry trade (IIT) data of eighteen Asian and Latin American less developed countries show that for them (a) vertical IIT overwhelmingly dominates horizontal IIT and (b) manufactured goods (SITC 6) is one of the two commodity categories (the other being machine and transport equipments (SITC 7)) for which IIT is relatively high. A theoretical model consistent which these observation is constructed and suggests the hypothesis that the level of economic development is a determining character for such kind of trade. Returning to the raw data set we find that such a relationship can indeed be established . Though the overall relationship clearly holds, there are major fluctuations with in the sample and the overall growth rate of IIT falls with increasing levels of economic development.

목차

Ⅰ. Introduction

Ⅱ. Vertical And Horizontal IIT In LDCs: The Data

Ⅲ. A Theoretical Model

Ⅳ. Results

Ⅴ. Analysis of the Pattern of Data Fluctuations

Ⅵ. Conclusion

키워드

intra industry trade vertical product differentiation