Endogenous Horizontal and Vertical Differentiation: Measuring Value Added in Intra-industry Trade

Measuring Value Added in the Pensions Industry

Country-Specific Determinants of Horizontal and Vertical Intra-Industry Trade in Portugal

This study examines the features and determinants of Portuguese intra-industry trade (IIT) during the period 1995-2003. We separate horizontal IIT from vertical III using data at the five-digit level. Based on Falvey and Kierzkowski (1987) and Flam and Helpman (1987) theoretical models and on Greenaway, Hine and Milner(1994), Hummels and Levinshon (1995) empirical studies, we use a static and d...

Endogenous Tariff Formation with Intra-Industry Trade

Previous theoretical contributions on endogenous tariff formation have focused on trade models with homogeneous goods and constant returns to scale. This paper investigates the political equilibrium of trade policy when economic structure is instead characterized by differentiated products and increasing returns to scale and there exists intra-industry trade. The result shows that endogenous ta...

Country-specific determinants of horizontal and vertical intra-industry agri-food trade of the Visegrad Countries

The article analyses patterns and country-specific determinants of Visegrad Countries’ (VC) agri-food trade with the European Union. Literature focusing on the country-specific determinants of vertical and horizontal intra-industry trade is rather limited and those analysing agricultural (or agri-food) trade are extremely rare. Therefore, the paper seeks to contribute to the literature by cover...

Vertical intra-industry trade between EU and Accession Countries

The paper analyses vertical intra-industry trade between EU and Accession countries, and concentrates on two country-specific determinants: Differences in personal income distribution and in technology. Both determinants have a strong link to national policies and to cross-border investment flows. In contrast to most other studies, income distribution is not seen as time-invariant variable, but...