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Author:Niroomand, F.
Title:Inter- versus intra-industry trade: a note on US trends, 1963-1980
Journal:Weltwirtschaftliches Archiv
1988 : VOL. 124:2, p. 337-340
Index terms:INTRA-INDUSTRY TRADE
USA
Language:eng
Abstract:It is a worldwide phenomenon that intra- industry trade increases at the expense of inter-industry trade. This fact cannot be explained by factor endowments, only by scale economies and product differentiation. The note computes Balassa's (1966) and Kreinin's (1981) measure of intra-industry trade for the trade flows of the US with Western-Europe, Canada, Japan, NICs and LDCs for the 1963- 1980 period. Intra-industry trade grows as one progresses in time or along the development scale.
SCIMA record nr: 69150
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