Português
Ciência-IUL
Publications
Publication Detailed Description
Intra-industry trade by types: what can we learn from Portuguese data?
Journal Title
Review of World Economics
Year (definitive publication)
2004
Language
English
Country
United States of America
More Information
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Abstract
We provide evidence on intra-industry trade (IIT) in the Portuguese case from 1994 onwards by disentangling vertical from horizontal IIT with two different indexes—the Grubel-Lloyd and the so-called CEPII index- and analyse the determinants of both IIT types. Distinct explanatory factors are identified for each IIT type and we confirm the comparative advantage explanation in the vertical case. The regression results are robust to different estimation methods and to alternative IIT indexes. Nonetheless, sensitivity of the IIT levels to the arbitrary criterion of the CEPII measurement points out to the Grubel-Lloyd index as a preferable method.
Acknowledgements
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Keywords
Intra-industry trade,Product differentiation,Unit values,Comparative advantage,Portugal
Fields of Science and Technology Classification
- Economics and Business - Social Sciences
- Political Science - Social Sciences
Funding Records
| Funding Reference | Funding Entity |
|---|---|
| SFRH/BD/6412/2001 | Fundação para a Ciência e a Tecnologia |
