Weltwirtschaftliches Archiv

, Volume 131, Issue 1, pp 67–85 | Cite as

Determinants of intra-industry trade: A longitudinal, cross-country analysis

  • Joe A. Stone
  • Hyun-Hoon Lee
Articles

Abstract

Determinants of Intra-Industry Trade: A Longitudinal, Cross-Country Analysis. — This study examines the determinants of intra-industry trade (IIT using longitudinal data for 68 countries for 1970–1987. The analysis distinguishes between manufacturing and nonmanufacturing countries and compares traditional static estimates with dynamic ones. This approach permits distinctions between equilibrium and disequilibrium structures and, similarly, between historical and current sources of IIT. The results are generally supportive of IIT hypotheses, but there are important differences between manufacturing and nonmanufacturing countries and between the static and dynamic structures. Moreover, the extent of IIT appears to be dominated more by preference than by scale differentials, at least among manufacturing countries.

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Zusammenfassung

Bestimmungsgründe des intraindustriellen Handels. Eine Zeitreihenuntersuchung im Länderquerschnitt. — Die Verfasser untersuchen die Bestimmungsgründe des intraindustriellen Handels (IIH und benutzen dabei Zeitreihendaten für 68 Länder in der Zeit von 1970 bis 1987. Die Untersuchung unterscheidet zwischen Industrieländern und Nicht-Industrieländern und vergleicht traditionelle statische Schätzungen mit dynamischen. Dieses Vorgehen ermöglicht es, zwischen Gleichgewichts und Ungleichgewichtsstrukturen und — in ähnlicher Weise — zwischen historischen und gegenwärtigen Bestimmungsgründen des IIH zu unterscheiden. Die Ergebnisse stützen generell die IIH-Hypothesen, aber es gibt erhebliche Unterschiede zwischen Industrie- und Nicht-Industrieländern und zwischen statischen und dynamischen Strukturen. Außerdem scheint der Umfang des IIH mehr durch Unterschiede in den Präferenzen als durch Unterschiede in den Skalenerträgen bestimmt zu sein, zumindest im Handel zwischen Industrieländern.

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© Institut für Weltwirtschaft an der Universität Kiel 1995

Authors and Affiliations

  • Joe A. Stone
  • Hyun-Hoon Lee

There are no affiliations available

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