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Author: Janice G. Yee
Publisher: Taylor & Francis
ISBN: 1000524663
Category : Business & Economics
Languages : en
Pages : 182
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Book Description
While most international economists will note that trade is beneficial, they will also comment on the adjustment costs that are usually incurred when factors of production, most notably labor, are redistributed between industries. A goal for many policymakers is to make that adjustment process easier and smoother for the factors involved, thereby highlighting the benefits of trade, rather than the costs of trade. But what are these industries that experience smoother adjustment costs? There is a growing constituency which believes that intra-industry or like trade is a characteristic of an industry with low adjustment costs. First published in 1997, this book hopes to address some of these issues and add to the growing discussion on the topic of intra-industry trade, with special attention placed on the relationship between the U.S. and Canada.
Author: Janice G. Yee
Publisher: Taylor & Francis
ISBN: 1000524663
Category : Business & Economics
Languages : en
Pages : 182
Get Book Here
Book Description
While most international economists will note that trade is beneficial, they will also comment on the adjustment costs that are usually incurred when factors of production, most notably labor, are redistributed between industries. A goal for many policymakers is to make that adjustment process easier and smoother for the factors involved, thereby highlighting the benefits of trade, rather than the costs of trade. But what are these industries that experience smoother adjustment costs? There is a growing constituency which believes that intra-industry or like trade is a characteristic of an industry with low adjustment costs. First published in 1997, this book hopes to address some of these issues and add to the growing discussion on the topic of intra-industry trade, with special attention placed on the relationship between the U.S. and Canada.
Author: Chonira Aturupane
Publisher: World Bank Publications
ISBN:
Category : Business enterprises
Languages : en
Pages : 40
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Book Description
Author: P. K. Mathew Tharakan
Publisher: North-Holland
ISBN:
Category : Business & Economics
Languages : en
Pages : 280
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Book Description
Author: Sarawan Angklomkliew
Publisher:
ISBN:
Category : Intra-industry trade
Languages : en
Pages : 302
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Book Description
Author: Johan Torstensson
Publisher:
ISBN:
Category :
Languages : en
Pages : 26
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Book Description
Author: Frederic M. Scherer
Publisher:
ISBN:
Category : International trade
Languages : en
Pages : 36
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Book Description
Author: Bernard M. Hoekman
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
November 1997 There is a good deal of intra-industry trade between nations in Central and Eastern Europe and the European Union. Most of it is vertical (the exchange of similar goods of different quality). Eastern European nations and the European Union (EU) is among the highest of all the EU's bilateral trade flows. Aturupane, Djankov, and Hoekman break down data on these trade flows into horizontal and vertical components and investigate the determinants of each. They find that vertical intra-industry trade (the exchange of similar goods of different quality) accounts for 80 to 90 percent of total intra-industry trade. It is positively associated with product differentiation, labor intensity of production, economies of scale, and foreign direct investment. Controlling for country effects, they find a statistically significant positive association between horizontal intra-industry trade (the exchange of close substitutes of similar quality) and foreign direct investment, product differentiation, and industry concentration. They find a significant negative relationship for economies of scale and labor intensity. These results do not hold if they do not control for country effects, suggesting that country-specific factors are key determinants of horizontal intra-industry trade. This paper-a product of the Development Research Group-is part of a larger effort in the group to analyze the role of trade and foreign investment in the process of transition in Eastern Europe.
Author: Bela Balassa
Publisher:
ISBN:
Category : Manufactures
Languages : en
Pages : 28
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Book Description
Author: Sakshi Aggarwal
Publisher: Cambridge Scholars Publishing
ISBN: 1527570614
Category : Business & Economics
Languages : en
Pages : 322
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Book Description
Intra-industry trade (IIT) has emerged as a major area of research in the analysis of international and intra-regional specialization. This book highlights the changes which the Indian economy has witnessed in the past two decades following the economic liberalization of the 1990s. It has been revealed that there are comparatively few studies in the context of developing economies which focus on the country-industry-specific determinants of aggregate and sectoral IIT. The book incorporates several hypotheses to analyze demand-driven, supply-induced, industry-specific, and policy-oriented drivers influencing the level of bilateral aggregate and sectoral IIT in the Indian context. Moreover, several trade-related, labor specific and trade overlap induced factors dictate the growth trajectory and the employment level of an economy. Therefore, the current research conducts an empirical analysis to examine each hypothesis and provide significant findings to explore the relationship between key economic variables, their interaction effects, and their impact on the growth of the Indian economy.
Author: Rudolf Loertscher
Publisher:
ISBN:
Category :
Languages : en
Pages : 13
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Book Description
