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Patterns Of Vertical Intra Industry Trade Considering Quality Difference
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Book Synopsis Patterns of Vertical Intra-Industry Trade Considering Quality Difference by : Minsung Kang
Download or read book Patterns of Vertical Intra-Industry Trade Considering Quality Difference written by Minsung Kang and published by . This book was released on 2022 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The simultaneous exports and imports within same industries is well known as the intra-industry trade (IIT). Since the pioneering empirical literatures of Balassa (1966)1) and Grubel and Lloyd (1975)2), bunch of empirical and theoretical papers studied this new paradigm of international trade challenging to the classical Heckscher - Ohlin paradigm. On the steps of IIT studies, the most essential progress was the division of IIT into Horizontal IIT (HIIT) and Vertical IIT (VIIT). This classification is based on the characteristics of product differentiation. HIIT is the trade of product which is close substitute but differ in characteristics, on the contrary VIIT differ in embodied quality level.In empirical literatures, the division between HIIT and VIIT is accomplished by unit price comparison. If unit price ratio defined as export product price over import product price of product which belong to same industry goes to specific range, this trade is on HIIT and if that ratio is out of that range this kind of trade go to VIIT. This simple methodology have been very common practical way for IIT research and generally the price ratio range for HIIT is 75~125% or 85~115%. In other words, if a product's export price is higher than import price over 125% (or 115%) or lower than import price below 75% (or 85%), both cases are classified as VIIT. Another progress in IIT studies was the research on the determinants of HIIT/VIIT. Various countryand industry-specific determinants have been studied and differences in factor endowments and market size, physical and/or institutional barrier against trade and foreign direct investment (FDI) are the key elements determining IIT in country level. Though these determinants have been studied extensively during past decades, little is known of the impact of national technological capacity on IIT. Considering VIIT as occurring from product differentiation with quality difference, this is very surprising.In these perspectives, this paper investigates the determinants of Korea's VIIT with special interest on national R&D stock. Classical analysis of VIIT will be followed by separated investigation of HQ-VIIT (Higher Quality VIIT) and LQ-VIIT (Lower Quality VIIT). This segregated analysis will give deepened understanding of VIIT determinants.
Book Synopsis Comparative Advantage and the Pattern of Trade Within Industries by : John T. Durkin
Download or read book Comparative Advantage and the Pattern of Trade Within Industries written by John T. Durkin and published by . This book was released on 1998 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper empirically investigates one aspect of the vertically differentiated models of intraindustry trade. These models predict that the pattern of trade within an industry is based on comparative advantage rather than being completely random. An empirical model is specified in which the relative quality of two countries bilateral exports within an industry depends on the relative differences in unit labor requirements. Using a variety of econometric methods, the results suggest that the quality of US manufacturing exports to the UK, Japan and Germany relative to its imports from these countries is positively and significantly related to the relative differences in value added per worker.
Book Synopsis US patterns of intra-industry trade by : Lisa L. Blum
Download or read book US patterns of intra-industry trade written by Lisa L. Blum and published by . This book was released on 1987 with total page 131 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Product Pattern of Intra-industry Trade by : Claudy Culem
Download or read book The Product Pattern of Intra-industry Trade written by Claudy Culem and published by . This book was released on 1983 with total page 62 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Quantitative Analysis of Newly Evolving Patterns of International Trade by : Robert M. Stern
Download or read book Quantitative Analysis of Newly Evolving Patterns of International Trade written by Robert M. Stern and published by World Scientific. This book was released on 2012 with total page 531 pages. Available in PDF, EPUB and Kindle. Book excerpt: Quantitative Analysis of Newly Evolving Patterns of International Trade offers a variety of perspectives on new forms and developments of international trade and related activities for Japan, the United States, China, and some other important trading countries, to develop new methods and data for measuring the factor contents of emerging new modes of international trade. Such methods and data are crucially important for evaluating impacts of the new modes on factor markets in the United States, Japan, and other major trading countries, and also for forecasting the future development of world trade and foreign direct investment (FDI), evaluating welfare gains from trade, estimating impacts of free trade agreements, and designing effective trade and FDI policies.
Book Synopsis Bilateral Intra-industry Trade Between Contries with Different Factor Endowment Patterns by : P. K. Mathew Tharakan
Download or read book Bilateral Intra-industry Trade Between Contries with Different Factor Endowment Patterns written by P. K. Mathew Tharakan and published by . This book was released on 1988 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Intra-industry Trade by : Peter John Lloyd
Download or read book Intra-industry Trade written by Peter John Lloyd and published by Edward Elgar Publishing. This book was released on 2003 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis International Trade by : Luis Rivera-Batiz
Download or read book International Trade written by Luis Rivera-Batiz and published by OUP Oxford. This book was released on 2003 with total page 734 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title offers an integrated account of strategic trade analysis, combined with empirical evidence and new results. It addresses the need to synthesize and integrate the new advances in a field that has become a key element of policy discussions.
Book Synopsis Changing Patterns of Global Trade by : Nagwa Riad
Download or read book Changing Patterns of Global Trade written by Nagwa Riad and published by International Monetary Fund. This book was released on 2012-01-15 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: Changing Patterns of Global Trade outlines the factors underlying important shifts in global trade that have occurred in recent decades. The emergence of global supply chains and their increasing role in trade patterns allowed emerging market economies to boost their inputs in high-technology exports and is associated with increased trade interconnectedness.The analysis points to one important trend taking place over the last decade: the emergence of China as a major systemically important trading hub, reflecting not only the size of trade but also the increase in number of its significant trading partners.
Book Synopsis Intra-Industry Trade by : P.K.M. Tharakan
Download or read book Intra-Industry Trade written by P.K.M. Tharakan and published by Springer. This book was released on 1989-06-18 with total page 207 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Demand Patterns and Vertical Intra-industry Trade by :
Download or read book Demand Patterns and Vertical Intra-industry Trade written by and published by . This book was released on 2001 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Trade Specialisation Patterns by : Bernadina Algieri
Download or read book Trade Specialisation Patterns written by Bernadina Algieri and published by . This book was released on 2004 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Tiivistelmä.
Book Synopsis Frontiers of Research in Intra-Industry Trade by : P. Lloyd
Download or read book Frontiers of Research in Intra-Industry Trade written by P. Lloyd and published by Springer. This book was released on 2002-06-18 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Applied International Economics by : W. Charles Sawyer
Download or read book Applied International Economics written by W. Charles Sawyer and published by Taylor & Francis. This book was released on 2020-05-04 with total page 561 pages. Available in PDF, EPUB and Kindle. Book excerpt: Applied International Economics, 5th edition, offers a modern and accessible treatment of international economics, shifting the emphasis from pure theory to the application of theory by using the standard tools of economic analysis. This new and streamlined edition makes the real-world application of international economics even more clear than previous editions, and focuses on the basics that students will need in order to analyze information on the world economy throughout their future careers. The new edition has been refocused, revised, and thoroughly updated. Key features include: Expanded coverage of China’s role in the world economy. New material on how changes in trade flows can be decomposed into the extensive and intensive margins of trade. New material on the use of Section 301 of U.S. trade law and the U.S.–China trade dispute. Updated coverage of Brexit. A new focus on the sole use of the Mundell-Fleming model to analyze balance of payments issues. Improved linkages between the concepts of purchasing power parity and the real exchange rate. Written in a thorough and engaging style, the book covers topics at a level appropriate for students specializing in business or international relations, as well as economics students. Along with a wealth of case studies and real-life examples, the book offers extensive pedagogical tools that include a companion website, end-of-chapter summaries, and explanations of key concepts and terms. For instructors, PowerPoint presentations and an extensive test bank are available.
Book Synopsis Britain's Economic Performance by : Tony Buxton
Download or read book Britain's Economic Performance written by Tony Buxton and published by Routledge. This book was released on 2005-08-08 with total page 608 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new and substantially revised edition of Britain's Economic Performance provides a unique assessment of the current state of the supply-side of the economy. Written by a team of highly experienced, policy oriented applied economists, this volume will be a valuable source of reference, analysis and guidance for students and policy-makers.
Book Synopsis Determinants of Intra-Industry Trade and Labour Market Adjustment by : Sakshi Aggarwal
Download or read book Determinants of Intra-Industry Trade and Labour Market Adjustment written by Sakshi Aggarwal and published by Cambridge Scholars Publishing. This book was released on 2024-01-05 with total page 322 pages. Available in PDF, EPUB and Kindle. Book excerpt: Intra-industry trade (IIT) has emerged as a major area of research in the analysis of international and intra-regional specialization. This book highlights the changes which the Indian economy has witnessed in the past two decades following the economic liberalization of the 1990s. It has been revealed that there are comparatively few studies in the context of developing economies which focus on the country-industry-specific determinants of aggregate and sectoral IIT. The book incorporates several hypotheses to analyze demand-driven, supply-induced, industry-specific, and policy-oriented drivers influencing the level of bilateral aggregate and sectoral IIT in the Indian context. Moreover, several trade-related, labor specific and trade overlap induced factors dictate the growth trajectory and the employment level of an economy. Therefore, the current research conducts an empirical analysis to examine each hypothesis and provide significant findings to explore the relationship between key economic variables, their interaction effects, and their impact on the growth of the Indian economy.
Book Synopsis The Growth of Intra-Industry Trade by : Leonie L. Stone
Download or read book The Growth of Intra-Industry Trade written by Leonie L. Stone and published by Taylor & Francis. This book was released on 2021-10-28 with total page 105 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
