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| Author: | Nilsson, L. |
| Title: | The measurement of intra-industry trade between unequal partners |
| Journal: | Weltwirtschaftliches Archiv
1997 : VOL. 133:3, p. 554-565 |
| Index terms: | MEASUREMENT TRADE INDUSTRIES |
| Language: | eng |
| Abstract: | This note argues that the failure of the Gruebel-Lloyd index to correctly reflect the actual level of intra-industry trade does not only stem from the presence of trade imbalances, but also from the comparison of intra-industry trade between countries of unequal economic size. Empirical evidence reveals that countries with low levels of intra-industry trade still may show high degrees of intra-industry trade. The industrialized countries' intra-industry trade with the developing countries has increased over the years. |
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