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The Growth Of Intra Industry Trade
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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 Routledge. This book was released on 2021-12-13 with total page 104 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.
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.
Book Synopsis Intra-Industry Trade by : Cameron Thies
Download or read book Intra-Industry Trade written by Cameron Thies and published by Stanford University Press. This book was released on 2015-10-28 with total page 206 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
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 The Growth of Intra-industry Trade by : Léonie L. Stone
Download or read book The Growth of Intra-industry Trade written by Léonie L. Stone and published by Routledge. This book was released on 1997 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: First Published in 1997. Routledge is an imprint of Taylor & Francis, an informa company.
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 Intra-industry Trade by : P. K. Mathew Tharakan
Download or read book Intra-industry Trade written by P. K. Mathew Tharakan and published by North-Holland. This book was released on 1983 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Determinants of Intra-Industry Trade by : Janice G. Yee
Download or read book Determinants of Intra-Industry Trade written by Janice G. Yee and published by Taylor & Francis. This book was released on 2021-12-12 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: While most international economists will note that trade is beneficial, they will also comment on the adjustment costs that are usually incurred when factors of production, most notably labor, are redistributed between industries. A goal for many policymakers is to make that adjustment process easier and smoother for the factors involved, thereby highlighting the benefits of trade, rather than the costs of trade. But what are these industries that experience smoother adjustment costs? There is a growing constituency which believes that intra-industry or like trade is a characteristic of an industry with low adjustment costs. First published in 1997, this book hopes to address some of these issues and add to the growing discussion on the topic of intra-industry trade, with special attention placed on the relationship between the U.S. and Canada.
Book Synopsis The Determinants of U.S. Intra-industry Trade by : Frederic M. Scherer
Download or read book The Determinants of U.S. Intra-industry Trade written by Frederic M. Scherer and published by . This book was released on 1990 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :Sayeeda Bano Publisher :Aldershot, Hants, England : Avebury ; Brookfield, Vt., USA : Gower Publishing Company ISBN 13 : Total Pages :216 pages Book Rating :4.F/5 ( download)
Book Synopsis Intra-industry International Trade by : Sayeeda Bano
Download or read book Intra-industry International Trade written by Sayeeda Bano and published by Aldershot, Hants, England : Avebury ; Brookfield, Vt., USA : Gower Publishing Company. This book was released on 1991 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Intra-industry Trade by : Pär Hansson
Download or read book Intra-industry Trade written by Pär Hansson and published by . This book was released on 1989 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Trade Among Multinationals (RLE International Business) by : Donald C MacCharles
Download or read book Trade Among Multinationals (RLE International Business) written by Donald C MacCharles and published by Routledge. This book was released on 2013-01-04 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Intra-Industry Trade and Adjustment by : Robert C. Hine
Download or read book Intra-Industry Trade and Adjustment written by Robert C. Hine and published by Springer. This book was released on 2016-07-27 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book offers an authoritative overview of the topical issues surrounding intra-industry trade in Europe in the era of European economic integration. It brings together expert contributors from eight of the European Union member states. The theory of intra-industry trade is discussed and assessed through a comprehensive study of the patterns of trade in Europe and the individual member states over a thirty year period. This detailed empirical analysis allows conclusions to be drawn on issues including the impact of international trade on the domestic economy. The book arises from a major multinational programme co-ordinated from the University of Nottingham.
Book Synopsis Nordic Studies on Intra-industry Trade by : Åbo akademi (1918- )
Download or read book Nordic Studies on Intra-industry Trade written by Åbo akademi (1918- ) and published by Åbo : Åbo Academy Press. This book was released on 1987 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Intra-Industry Trade, Foreign Direct Investment, and the Reorientation of Eastern European Exports by : Bernard M. Hoekman
Download or read book Intra-Industry Trade, Foreign Direct Investment, and the Reorientation of Eastern European Exports written by Bernard M. Hoekman and published by . This book was released on 1999 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: September 1996 To what extent does growth in exports in Central and Eastern Europe reflect economic restructuring and changes in the composition of trade as opposed to redirection of traditional CMEA exports to the West? In the first half of the 1990s, after the demise of central planning, exports to OECD countries from many Central and Eastern European countries grew rapidly. Hoekman and Djankov explore what trade data suggest about the extent to which growth in exports reflect economic restructuring and changes in the composition of trade as opposed to redirection of traditional CMEA exports to the West. They also investigate the role of vertical intra-industry exchange in the expansion of trade with Western Europe - that is, getting inputs from European Union (EU) suppliers that are then used in the production of goods exported to the EU. They find a strong relationship between export performance and growth in vertical intra-industry trade with the EU. The Czech and Slovak Republics, Hungary, Poland, and Slovenia all rely heavily on the EU for inputs - more so than Austria, Portugal, and Spain, for example. As their per capita exports to the EU have also grown the fastest, this appears to be a characteristic of successful transition. The Czech and Slovak Republics registered the highest growth in exports and the greatest reorientation in the pattern of trade. They have the highest level and rate of growth in intra-industry trade with the EU, but have undergone the least change in composition of exports. But substantial changes have occurred in the composition of exports within traditional export categories. This suggests that Czech and Slovak firms pursued a strategy of upgrading and differentiating traditional exports, relying on EU firms for new machinery, components, and know-how. Simple redirection of goods that were traditionally exported to CMEA markets does not appear to have played an important role in the growth of exports to Western Europe. Export growth is in products that were not exported to the CMEA or in traditional export items that have been substantially upgraded or differentiated. Inflows of foreign direct investment - limited before 1994 - correlate highly with levels of intra-industry trade. But if large investments in the automobile sector are excluded, foreign direct investment seems unlikely to have been a major force driving the growth of intra-industry trade. These exchanges and the underlying integration into the world economy (Western Europe) mostly reflect arm's-length transactions between Central and Eastern European firms and their European counterparts. This paper - a product of the Private Sector and Finance Team, Europe and Central Asia, and Middle East and North Africa Technical Department - is part of a larger effort in the department to monitor economic developments in Central and Eastern Europe.
Book Synopsis Intra-industry Trade, Foreign Direct Investment and the Reorientation of Eastern European Exports by : Bernard M. Hoekman
Download or read book Intra-industry Trade, Foreign Direct Investment and the Reorientation of Eastern European Exports written by Bernard M. Hoekman and published by World Bank Publications. This book was released on 1996 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Determinants of Intra-industry Trade Between East and West Europe by : Chonira Aturupane
Download or read book Determinants of Intra-industry Trade Between East and West Europe written by Chonira Aturupane and published by . This book was released on 1997 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
