On the Determinants of Intra-industry Trade: Specialization and Relative Factor Endowments
This paper derives a general relationship among intra-industry trade, specialization, and gravity. This relationship holds in any two-country trade model under assumptions that are frequently adopted in theoretical trade models. Using this general relationship, we can take an integrated approach to...
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| Format: | Article |
| Language: | English |
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Korea Institute for International Economic Policy
2007-12-01
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| Series: | East Asian Economic Review |
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| Online Access: | http://dx.doi.org/10.11644/KIEP.JEAI.2007.11.2.174 |