Does East Asian Integration Keep Up with the European Pattern? Empirical Evidence from Intra-Industry Trade in Europe and East Asia
This paper examines development of inter/intra-industry trade in Europe and East Asia. In order to quantify the level of intra-industry trade (IIT), a biascorrected Grubel and Lloyd index is used. The finding is that IIT is more evident in intra-European trade than in intra-East Asian trade, while d...
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Format: | Article |
Language: | English |
Published: |
World Scientific Publishing
2011-12-01
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Series: | Asian Development Review |
Online Access: | https://www.worldscientific.com/doi/10.1142/S0116110511500132 |