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Author:Nilsson, L.
Title:Two-way trade between unequal partners: The EU and the developing countries
Journal:Weltwirtschaftliches Archiv
1999 : HEFT 1, VOL. 135:1, p. 102-127
Index terms:Trade
European Union
Developing countries
Language:eng
Abstract:The paper analyses the intra-industry trade (or IIT) specialization between the EU and the developing countries btw. 1980 and 1992. It is shown that EU intra-industry trade with the developing countries has greatly increased and that the traditional measure of intra-industry trade, the Grubel-Lloyd index, is inappropriate when applied to trade btw. developed and developing countries. By and large, the empirical analysis confirms that intra-industry trade btw. the developed and the developing countries increases with average and per capita income, and with reduced differences in economic size and capital-labour ratios.
SCIMA record nr: 187943
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