|
|
|
|
Title: |
Determinants of Intraindustry Trade between
the United States and Industrial Nations |
| Author: |
Clark, Don P.;
Stanley, Denise L. |
| Author
Affiliation: |
U TN; CA State
U, Fullerton |
| Source: |
International Economic Journal, Autumn 2003, v. 17, no. 3, pp. 1-17 |
|
Publication Date: |
Autumn 2003 |
|
Abstract: |
This paper
investigates determinants of intraindustry trade between the United
States and twenty-two industrial nations. Included here are
country-level characteristics suggested by modern models of monopolistic
competition and trade and industry-level variables relating to imperfect
competition, scale economies, and product differentiation. Country-level
determinants of intraindustry trade include relative factor endowment
differences, relative country size differences, distance, trade
orientation, and the trade balance. Measures of factor intensity, scale
economies, market structure, and product differentiation are included as
country-level variables. Findings generally support predictions of
modern trade theories. |
|
