This note reports tests of the relationship between trade liberalisation and the levels of intra-industry trade, and between levels of IIT and structural adjustment in response to trade liberalisation. It has used a new approach by focussing on the impact of changes in protection on (i) changes in IIT, and (ii) differences in structural adjustment over time in high-IIT and low-IIT sectors.
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Hamilton, C., Kniest, P. Trade liberalisation, structural adjustment and intra-industry trade: A note. Weltwirtschaftliches Archiv 127, 356–367 (1991). https://doi.org/10.1007/BF02707991
- Trade Liberalisation
- Structural Adjustment
- Modify Sector
- Intraindustry Trade
- Affected Sector