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Title: |
Is the Observed Intra-industry Trade a
Statistical Artifact? |
| Author: |
Kwon, Tecksung |
| Author
Affiliation: |
Chungnam U |
| Source: |
International Economic Journal, Spring 1988, v. 2, no. 1, pp. 69-84 |
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Publication Date: |
Spring 1988 |
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Abstract: |
In this study, the intra-industry trade (IIT)
is analyzed within the framework of the Chamberlin-Heckscher-Ohlin
model. The empirical analysis is based on cross-country and
cross-industry data of 1977. The results support that product
differentiation and scale economies play important roles in the
explanation of IIT. On the basis of the empirical findings of the
cross-country model, this study further raises several important
questions on both trade policy formulation and the future study of IIT. |
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