Author : Sayuri Shirai
Publisher : International Monetary Fund
ISBN 13 : 1451851774
Total Pages : 40 pages
Book Rating : 4.4/5 (518 download)
Book Synopsis How Does Industrialization Affect the Structure of International Trade? the Japanese Experience in the Pacific Basin, 1975-85 by : Sayuri Shirai
Download or read book How Does Industrialization Affect the Structure of International Trade? the Japanese Experience in the Pacific Basin, 1975-85 written by Sayuri Shirai and published by International Monetary Fund. This book was released on 1994-08-01 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a theoretical model to address the issue of how industrialization affects the structure of international trade. Considering both horizontal and vertical product differentiation, the model shows that intra-industry trade increases when product quality improvement emerges in a developing country and when a difference in relative factor endowments between a developed and a developing countries shrinks. To promote understanding of the conclusions of the model, the paper also uses actual trade data between Japan and Indonesia and between Japan and Korea.