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Measurement of Intra-industry Trade: a Categorical Aggregation Exercise with Spanish Trade Data

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Abstract

One of the features which characterises recent international trade flows is the prevalence of intra-industry trade. This phenomenon may be defined as simultaneous imports and exports of products belonging to the same industry and constitutes an important part of total world trade. The lack of concordance between the predictions of the traditional trade theory and the empirical evidence found has given rise to the appearance of new theories, which try to explain the structure and patterns of international trade by introducing imperfect competitive markets where the existence of scale economies and diversity of consumer preferences constitute essential ingredients.

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  • DOI: 10.1007/978-3-7908-2670-8_11
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References

  • Carrera-Gómez, G.: Comercio Intra-Industrial: Análisis del Caso Español. Ph. D. Dissertation. University of Cantabria. Department of Economics 1996

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  • Greenaway, D. and Milner, C: On the Measurement of Intra-industry Trade. The Economic Journal 93, 900–908 (1983)

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  • Grubel, H. G., Lloyd, P. J.: Intra-industry Trade: the Theory and Measurement of International Trade in Differentiated Products. London: Macmillan 1975

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© 2004 Springer-Verlag Berlin Heidelberg

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Carrera-Gómez, G. (2004). Measurement of Intra-industry Trade: a Categorical Aggregation Exercise with Spanish Trade Data. In: Coto-Millán, P. (eds) Essays on Microeconomics and Industrial Organisation. Contributions to Economics. Physica, Heidelberg. https://doi.org/10.1007/978-3-7908-2670-8_11

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  • DOI: https://doi.org/10.1007/978-3-7908-2670-8_11

  • Publisher Name: Physica, Heidelberg

  • Print ISBN: 978-3-7908-0104-0

  • Online ISBN: 978-3-7908-2670-8

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