Measurement and determinants of intra-industry trade in Asian countries.
Item
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Title
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Measurement and determinants of intra-industry trade in Asian countries.
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Identifier
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AAI9304707
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identifier
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9304707
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Creator
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Min, Kyungse.
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Contributor
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Adviser: Robert E. Lipsey
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Date
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1992
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Language
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English
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Publisher
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City University of New York.
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Subject
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Economics, General | Economics, Theory
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Abstract
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Since Verdoorn noted the high proportion of international trade that was within the same product categories, (intra-industry trade, or IIT), rather than between different categories of goods, many studies have tried to explain IIT, especially among developed countries. This paper calculates bilateral IIT with developed countries by the Grubel-Lloyd measure for 9 Asian developing countries and analyzes the determinants of IIT for those countries in 101 manufacturing products over time and cross-sectionally. The period covered is from 1965 to 1990.;In the time series analyses, the econometric estimation for those countries showed that IIT increased with the level of their income relative to developed countries and with the openness of an economy to trade. The ratio of consumption to GDP did not explain IIT at all, as it was expected to.;In the cross-sectional analysis, the income ratio was a positive influence on IIT, as in the time series. Openness did not explain IIT differences across countries.;We can summarize by saying that IIT is not only a developed-country phenomenon, but appears also in the Asian developing countries. The main influence on its size is the income level of the developing country, and its closeness to developed-country levels.
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Type
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dissertation
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Source
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PQT Legacy CUNY.xlsx
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degree
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Ph.D.
