G2TT
来源类型Discussion paper
规范类型论文
来源IDDP1889
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
URLhttps://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.
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