Intraindustry Trade: Sources and Effects on Protection
Intraindustry Trade: Sources and Effects on Protection
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DOI:
10.1086/261515
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发表时间:
1987-12
影响因子:
8.2
通讯作者:
H. Marvel;E. J. Ray
中科院分区:
文献类型:
--
作者:
H. Marvel;E. J. Ray
This paper provides an empirical analysis of the determinants of intraindustry trade. We demonstrate that two-way trade flows occur where conditions are favorable to international specialization consistent with the Stigler-Williamson analysis of the division of labor. The results are inconsistent with the prevailing product differentiationcum-scale economies model of intraindustry trade. In addition, we show that intraindustry trade has a significant impact on protectionist pressures. Exports of closely related products have the effect of mitigating the tariff-raising effects that imports would otherwise exert.