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Title: |
Bilateral Intra-industry Trade in a
Multi-country Helpman-Krugman Model |
| Author: |
Shelburne,
Robert C. |
| Author
Affiliation: |
US Dept of
Labor |
| Source: |
International Economic Journal, Winter 2002, v. 16, no. 4, pp. 53-73 |
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Publication Date: |
Winter 2002 |
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Abstract: |
The factors
that explain the level of intra-industry trade and its share of total
trade in a multi-country version of the Helpman-Krugman model are
derived. The role of similarity of endowment ratios and similarity of
economic sizes differ in the multicountry version from the two country
version of this model. It is also demonstrated that the volume of total
trade, the volume of intra-industry trade and the volume of
interindustry trade can each be described by a modified gravity
equation. A new diagrammatical device is introduced that illustrates the
relationship between trade volume and similarity in country size. |
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