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Title: |
Intra-industry Trade in the Pacific Basin |
| Author: |
Lee, Young Sun |
| Author
Affiliation: |
Yonsei U |
| Source: |
International Economic Journal, Spring 1987, v. 1, no. 1, pp. 75-90 |
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Publication Date: |
Spring 1987 |
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Abstract: |
The purpose of this paper is to
investigate the degree of intra-industry trade in the Pacific Basin
which includes developing countries as well as advanced countries. The
Aquino index, with slight rearrangement for aggregation over countries
and correction for trade imbalance, is chosen as the measurement. The
findings are that the major hypotheses about the intra-industry trade
which are believed to be applicable mainly to advanced countries could
also be applicable to developing countries. Industries with high capital
intensity, high degree of product differentiation, and large economies
of scale, show high degree of intra-industry trade in the Pacific Basin. |
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