Abstract
This paper examines the determinants of Italian intra-industry trade in horizontally and vertically differentiated
products, using a dataset which eliminates the effects linked to the hypothesis of homogeneity both between
countries - when specific industry characteristics are analysed - and between sectors - within the same country. In this way, within limits, we have tried to address an issue raised by Greenaway et al. in 1999 which, in the light of
the current state of the literature on intra-industry trade, does not seem to have been explicitly dealt with.
Our paper highlights how strong the impact of this hypothesis could be in the analyses of the determinants of intraindustry trade in the case of Italy.
products, using a dataset which eliminates the effects linked to the hypothesis of homogeneity both between
countries - when specific industry characteristics are analysed - and between sectors - within the same country. In this way, within limits, we have tried to address an issue raised by Greenaway et al. in 1999 which, in the light of
the current state of the literature on intra-industry trade, does not seem to have been explicitly dealt with.
Our paper highlights how strong the impact of this hypothesis could be in the analyses of the determinants of intraindustry trade in the case of Italy.
| Original language | English |
|---|---|
| Publisher | University of Dundee |
| Number of pages | 24 |
| Publication status | Published - Apr 2008 |
Publication series
| Name | Dundee Discussion Papers in Economics |
|---|---|
| Publisher | University of Dundee |
| No. | 211 |
| ISSN (Print) | 1473-236X |
Keywords
- intra-Industry trade
- international trade
- differentiated products
- italian trade