Intra-industry trade:a Krugman-Ricardo model and data

Soo, Kwok Tong (2016) Intra-industry trade:a Krugman-Ricardo model and data. Economica, 83 (330). pp. 338-355. ISSN 0013-0427

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Abstract

This paper develops a model of international trade with a continuum of countries and sectors, which combines Ricardian comparative advantage and increasing returns to scale. Trade consists of both inter- and intra-industry trade. The model predicts that the trade-weighted Grubel-Lloyd index of intra-industry trade is positively related to the number of exported sectors, and is negatively related to the number of imported sectors. Empirical evidence from a panel of countries using the UN Comtrade database supports these predictions, and the model fits the data better for non-OECD than for OECD countries.

Item Type:
Journal Article
Journal or Publication Title:
Economica
Additional Information:
This is the peer reviewed version of the following article:Soo, K. T. (2016), Intra-industry trade: A Krugman–Ricardo Model and Data. Economica, 83: 338–355. doi: 10.1111/ecca.12173 which has been published in final form at http://onlinelibrary.wiley.com/doi/10.1111/ecca.12173/abstract This article may be used for non-commercial purposes in accordance With Wiley Terms and Conditions for self-archiving
Uncontrolled Keywords:
/dk/atira/pure/subjectarea/aacsb/disciplinebasedresearch
Subjects:
ID Code:
75828
Deposited By:
Deposited On:
21 Oct 2015 05:00
Refereed?:
Yes
Published?:
Published
Last Modified:
09 Jul 2020 03:58