Empirical intra-industry trade: what we know and what we need to know

Martin A. Andresen

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Global trade and economics Global Trade and Competitiveness Economic and Technological Innovation

Abstract

Empirical intra-industry trade has a history that began in the mid-1960s. As with most empirical exercises, it has been wrought with criticism and defenses that have molded the work that is done on intra-industry trade today. This paper brings together the various measures and econometric studies on intra-industry trade. A complete review of the literature is beyond the scope of this paper, but it highlights the general trends and common features in measurement and econometric studies, as well as the advancements that have taken place over the development of this literature.

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References

1975MONOPOLISTIC COMPETITION AND OPTIMUM PRODUCT DIVERSITY 1990Scale Economies, Product Differentiation, and the Pattern of Trade 1979Increasing returns, monopolistic competition, and international trade 1985Market Structure and Foreign Trade: Increasing Returns, Imperfect Competition and the International Economy 1987Imperfect competition and international trade: Evidence from fourteen industrial countries 1980Intra-industry trade under perfect monopolistic competition 1987The Consequences of the Dependence of Quality on Price 1981International trade in the presence of product differentiation, economies of scale and monopolistic competition

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