Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Growth of Intra-Industry Trade PDF full book. Access full book title The Growth of Intra-Industry Trade by Leonie L. Stone. Download full books in PDF and EPUB format.
Author: Leonie L. Stone Publisher: Taylor & Francis ISBN: 1000524884 Category : Business & Economics Languages : en Pages : 105
Book Description
First Published in 1997. The explosive growth of world trade in the last three decades is unparalleled in history, both due to the rapid increase in volume and to the change in the composition of trade. Historically, trade between nations has consisted largely of exchanges of products that were very different from each other, neither closely substitutable in consumption nor production processes. However, in this latest period of trade expansion, the majority of the increase in world trade has been in manufactured goods, many of which are highly substitutable differentiated products. This has led to growth in intra-industry trade, the cross-shipment of similar products. This study links increased shares of intra-industry trade with growth in newly-industrializing countries. To examine these questions, this study first gives a review of existing literature, both theoretical and empirical. Five hypotheses on intra-industry trade are then discussed. A model is then presented and estimated, using data on bilateral trade between the United States and its five major trading partners, Canada, Japan, France, Germany, and the United Kingdom.
Author: Leonie L. Stone Publisher: Taylor & Francis ISBN: 1000524884 Category : Business & Economics Languages : en Pages : 105
Book Description
First Published in 1997. The explosive growth of world trade in the last three decades is unparalleled in history, both due to the rapid increase in volume and to the change in the composition of trade. Historically, trade between nations has consisted largely of exchanges of products that were very different from each other, neither closely substitutable in consumption nor production processes. However, in this latest period of trade expansion, the majority of the increase in world trade has been in manufactured goods, many of which are highly substitutable differentiated products. This has led to growth in intra-industry trade, the cross-shipment of similar products. This study links increased shares of intra-industry trade with growth in newly-industrializing countries. To examine these questions, this study first gives a review of existing literature, both theoretical and empirical. Five hypotheses on intra-industry trade are then discussed. A model is then presented and estimated, using data on bilateral trade between the United States and its five major trading partners, Canada, Japan, France, Germany, and the United Kingdom.
Author: Peter John Lloyd Publisher: Edward Elgar Publishing ISBN: Category : Business & Economics Languages : en Pages : 584
Book Description
This authoritative new collection presents a selection of previously published seminal articles that have led to the development of intra-industry trade theory and empirical research. Parts I and II cover the pioneering research in the 1960s and a number of models of intra-industry trade that were developed from 1979 to the present day. Parts III and IV look at the empirical research problems in the choice of measure of intra-industry trade and empirical studies that seek to identify the nature of this trade. Part V deals with the role of the multinational corporation and part VI completes the collection with articles that look at extensions to asset markets and applications to other problems such as the geography of trade and rules of origin. Intra-Industry Trade will be an invaluable source of reference to all international trade economists and libraries specialising in this area.
Author: P. Lloyd Publisher: Springer ISBN: 0230285988 Category : Business & Economics Languages : en Pages : 313
Book Description
An agenda-setting contribution to the field of intra-industry trade. P.J. Lloyd and Hyun-Hoon Lee have assembled an international cast of contributors to offer a selection of models examining the nature of intra-industry trade in several new areas of trade theory, in addition to empirical studies and analysis of much new data in trade patterns. This volume provides an authoritative new treatment of the theory, measurement and testing of the subject of intra-industry trade.
Author: Sayeeda Bano Publisher: Aldershot, Hants, England : Avebury ; Brookfield, Vt., USA : Gower Publishing Company ISBN: Category : Business & Economics Languages : en Pages : 216
Book Description
This book focuses on the concept, measurement and theory of intra-industry international trade. It includes an intensive study of Canada during a period of dramatic changes in the world economy. For the first time methods used to analyse IIT in other countries (notably, Balassa, EEC, Grubel-Lloyd, Australia, OECD) have been applied to examine the Canadian case. Alternative measurements of IIT are examined, resulting in discussion of a wide range of theoretical, empirical and policy aspects. The results reveal that the extent of Canada's IIT is remarkably high both across countries and across industries. Time-series analysis indicated that a substantial growth in IIT has taken place over the years 1962-87.
Author: P.K.M. Tharakan Publisher: Springer ISBN: 1349104647 Category : Business & Economics Languages : en Pages : 207
Book Description
This text contains theoretical contributions and analysis by a group of leading economists who examine the changes that have taken place in the field of international trade in recent years and attempt to relate recent developments in intra-industry trade to conventional trade theory.
Author: Cameron Thies Publisher: Stanford University Press ISBN: 080479720X Category : Business & Economics Languages : en Pages : 206
Book Description
Intra-Industry Trade calls for us to rethink what trade most often looks like and how it shapes global institutions, fostering peace among states. Cameron G. Thies and Timothy M. Peterson argue that our understanding of trade has not kept pace with its changing nature in the 21st century; existing models, rooted in Ricardo's theories, regard trade uniformly as taking place between entities and countries that offer different commodities and operate according to the logic of comparative advantage. Though this type of exchange does take place, intra-industry trade—international trade of the same or similar commodities, in which foreign and domestic brands compete—is increasingly prevalent. The authors argue that our current academic and policymaking focus on the total volume of trade, rather than its composition, is misplaced. Trade composition matters, not just because it gives us a fuller understanding of how trade works, but also because intra-industry trade increases the likelihood of positive institutional relations and cooperation between states. To illustrate their point, the authors examine the effects that intra-industry trade has on Preferential Trade Agreement formation, its tendency to lessen World Trade Organization disputes and militarized conflict, and its ability to pave the way for new and fortified alliances.
Author: Donald C MacCharles Publisher: Routledge ISBN: 1135127166 Category : Business & Economics Languages : en Pages : 225
Book Description
In the 1980s many developed countries were increasingly tempted to improve their national competitiveness by adopting protectionist policies. This book demonstrates that such policies would be mistaken and do serious damage to industries in the countries concerned. This book, based on extensive original research provides important empirical evidence concerning the proportion of all trade which is intra-industry trade; concerning the key role of multinationals in the growth of intra-industry trade and concerning the contrasting response – particularly between those companies which are multinational parents and those which are multinational subsidiaries – to the changing competitive conditions.
Author: Åbo akademi (1918- ) Publisher: Åbo : Åbo Academy Press ISBN: Category : Commerce Languages : en Pages : 188
Book Description
Collection of seven papers on trade, technology, exports and economic exchanges between industries, in Scandinavia, from the second Knoellinger Symposium, April 1-2, 1986, Swedish University of Turku.
Author: Leonie L. Stone
Author: Leonie L. Stone
Author: Peter John Lloyd
Author: P. Lloyd
Author: Sayeeda Bano
Author: P.K.M. Tharakan
Author: Bernard M. Hoekman
Author: Léonie L. Stone
Author: Cameron Thies
Author: Donald C MacCharles
Author: Åbo akademi (1918- )