Frontiers of Research in Intra-Industry Trade

P.J. Lloyd and Hyun-Hoon Lee have assembled an international cast of contributors to offer a selection of models examining the nature of intra-industry trade in several new areas of trade theory, in addition to empirical studies and analysis of much new data in trade patterns. This volume provides an authoritative new treatment of the theory, measurement and testing of the subject of intra-industry trade.

P.J. Lloyd is Professor of Economics at the University of Melbourne, Australia.
Hyun Hoon Lee is at the Department of International Trade, Kangwon National University.

List of Tables

vii

List of Figures

x

Acknowledgements

xi

Notes on the Contributors

xii

List of Abbreviations

xiv

Introduction

1

(12)

P.J. Lloyd

Hyun-Hoon Lee

Part I Development of Intra-Industry Theory and Measurement

Controversies Concerning Intra-Industry Trade

13

(20)

P.J. Lloyd

Part II Models of Intra-Industry Trade

Horizontal Intra-Industry Trade and the Growth of International Trade

33

(16)

Nicolas Schmitt

Zhihao Yu

Intra-Industry Trade in Homogeneous Products

49

(18)

Daniel M. Bernhofen

Fragmentation and Intra-Industry Trade

67

(20)

Ronald W. Jones

Henryk Kierzkowski

Gregory Leonard

The Geography of Intra-Industry Trade

87

(22)

Mary Amiti

Anthony J. Venables

Part III Empirical Studies and Policy Issues of Intra-Industry Trade

Marginal Intra-Industry Trade: Towards a Measure of Non-Disruptive Trade Expansion

109

(22)

Marius Brulhart

Long-Term Trends in Intra-Industry Trade

131

(28)

Lionel Fontagne

Michael Freudenberg

Intra-Industry Trade in Services

159

(21)

Hyun-Hoon Lee

P. J. Lloyd

Intra-Industry Trade and the C-H-O Model: evidence and Implications for Adjustments

180

(19)

David Greenaway

Chris Milner

Part IV Intra-Industry Trade, Affiliate Production and FDI

A Unified Approach to Intra-Industry Trade and Foreign Direct Investment

199

(21)

James R. Markusen

Keith E. Maskus

Factor Endowments and Intra-Industry Affiliate Production by Multinational Enterprises

220

(17)

Karolina Ekholm

Globalization and Intra-Firm Trade: Further Evidence

237

(36)

Kiichiro Fukasaku

Fukunari Kimura

Intra-Industry Trade in Assets

273

(18)

Herbert G. Grubel

Author Index

291

(2)

Subject Index

293

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Frontiers of Research in Intra-Industry Trade

Summary

Author Biography

Table of Contents

Supplemental Materials

FREE SHIPPING

Rent More, Save More! Use code: BBRENTAL

5% off 1 book, 7% off 2 books, 10% off 3+ books

Frontiers of Research in Intra-Industry Trade

Summary

Author Biography

Table of Contents

Supplemental Materials

Digital License