search query: @indexterm intra-industry trade / total: 61
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Author: | Benvignati, A. M. |
Title: | Industry determinants and "differences" in U.S. intra-firm and arms-length exports |
Journal: | Review of Economics and Statistics
1990 : AUG, VOL. 72:3, p. 481-488 |
Index terms: | COMPANIES INTRA-INDUSTRY TRADE USA EXPORTS MANUFACTURING INDUSTRY |
Language: | eng |
Abstract: | "Internalization theory" has been held high in the literature on foreign direct investment and intra-firm trade. The strength of this theory in distinguishing USA intra-firm exports is examined from its arms-length counterpart. Using dummy variable specifications, it estimates "differences" in the relationship between traditional trade variables and two different types of export trade across 249 manufacturing industries. It has the advantages of using confidential line-of business data from the U.S. Federal Trade Commission data bank. At industry level, results suggest weak support for "internalization theory" as an effective discriminating model of intra-firm exports. |
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