Intra-Industry Trade Theory, Evidence and Extensions [Paperback]

This text contains theoretical contributions and analysis by a group of leading economists who examine the changes that have taken place in the field of international trade in recent years and attempt to relate recent developments in intra-industry trade to conventional trade theory.Intra-industry trade, traditional trade theory and extensions, Jacob Kol and P.K.M.Tharakan; reflections on intra-industry trade theory and factor proportions, P.J.Lloyd; comparative costs and elasticities of substitution as determinants of inter- and intra-industry trade, Par Hans and Lars Lundberg; Allyn Young specialization and intermediate goods in intra-industry trade, Jacob Kol and Paul Rayment; bilateral intra-industry trade between countries with different factor endowment patterns, P.K.M.Tharakan; intra-industry trade in transportation services, Henryk Kierzkowski; an empirical analysis of intra-industry trade and multinational firms, Elizabeth Wickham and Henry Thompson; effective protection analysis and optimal trade policy with intra-industry specialization and imperfect competition, David Greenaway and Chris Milner.