| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP1889 |
| DP1889 Capital Flows to Emerging Markets: Liberalization, Overshooting and Volatility | |
| Philippe Bacchetta; Eric van Wincoop | |
| 发表日期 | 1998-05-31 |
| 出版年 | 1998 |
| 语种 | 英语 |
| 摘要 | A large share of world trade, especially among the OECD countries, is two-way trade within industries, so-called intra-industry trade (IIT). Despite this, few attempts have been made to examine why countries export some products within industries, whereas they import others. We examine this issue, by means of regression analysis, by examining the shares of IIT that are vertical and horizontal and by examining price dispersion. The regression results suggest that an abundant human capital endowment and a large domestic market increases the quality of OECD-countries? manufacturing exports, thus offering support for comparative advantage models and newer geography models. We do not find support of increased concentration of production within industries, but do find that human capital becomes an increasingly important determinant of quality over time. |
| 主题 | International Trade and Regional Economics |
| 关键词 | Comparative advantage Economic geography Intra-industry trade Vertical differentiation |
| URL | https://cepr.org/publications/dp1889 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/531026 |
| 推荐引用方式 GB/T 7714 | Philippe Bacchetta,Eric van Wincoop. DP1889 Capital Flows to Emerging Markets: Liberalization, Overshooting and Volatility. 1998. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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