Intra-Industry Trade Revisited: A Note

This short note revisits the relative importance of intra- and inter-industry trade by using the Grubel-Lloyd formula as a measure of intra-industry trade to the country’s manufacturing trade (sections 5–8 of the SITC) where each industry is the four digit classification. Measures for a country’s to...

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Published in:Open economies review 2012-09, Vol.23 (4), p.741-745
Main Authors: de Boyrie, Maria E., Kreinin, Mordechai
Format: Article
Language:English
Subjects:
Bilateral economic relations
Business to business commerce
Classification
Comment
Developing countries
Development Economics
Economic Policy
Economics
Economics and Finance
European Integration
Industrialized nations
International Economics
International trade
LDCs
Macroeconomics/Monetary Economics//Financial Economics
Manufacturing
North-South trade
OECD
Studies
Trade
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Kreinin, Mordechai
description This short note revisits the relative importance of intra- and inter-industry trade by using the Grubel-Lloyd formula as a measure of intra-industry trade to the country’s manufacturing trade (sections 5–8 of the SITC) where each industry is the four digit classification. Measures for a country’s total trade, as well as its bilateral trade with specific countries are utilized. The results demonstrate that intra-industry trade dominates trade among the OECD countries, while inter-industry trade dominates North-South and South-South trade.
doi_str_mv 10.1007/s11079-011-9212-6
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source EconLit s plnými texty; International Bibliography of the Social Sciences (IBSS); ABI/INFORM global; Springer Link
subjects Bilateral economic relations
Business to business commerce
Classification
Comment
Developing countries
Development Economics
Economic Policy
Economics
Economics and Finance
European Integration
Industrialized nations
International Economics
International trade
LDCs
Macroeconomics/Monetary Economics//Financial Economics
Manufacturing
North-South trade
OECD
Studies
Trade
title Intra-Industry Trade Revisited: A Note
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