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Hence, as intra-industry trade has developed many economists have looked at other explanations. One attempt to explain IIT was made by Finger (1975), who thought that occurrence of intra-industry trade was “unremarkable” as existing classifications place goods of heterogeneous factor endowments in a single industry.
The Grubel–Lloyd index measures intra-industry trade of a particular product. It was introduced by Herb Grubel and Peter Lloyd in 1971. = (+) ...
Marginal Intra-Industry Trade, a concept originating in international economics, refers to the degree to which the change in a country's exports over a certain period of time are essentially of the same products as its change in imports over the same period.
New Trade theorists challenge the assumption of diminishing returns to scale, and some argue that using protectionist measures to build up a huge industrial base in certain industries would then allow those sectors to dominate the world market via a network effect. See also Intra-industry trade.
Brülhart is an empirical economist with broad research interests. His Google Scholar h-index stands at 42. [11] In his Ph.D. work, he contributed to the measurement of intra-industry trade (IIT), mainly by developing an index of marginal IIT that has become the standard measure of changes in two-way international trade. [12]
Intra-industry trade; ... Terms of trade; International trade is the exchange of capital, ... Market segmentation index – Measure of the degree of monopoly power;
US stocks sold off on Friday, marking the worst day of 2025 just two days after the S&P 500 hit a record high. Economic data releases raised concerns about a rebound in inflation.
New trade theory; Economic geography; Intra-industry trade; Gravity model of trade; Ricardian trade theories; Balassa–Samuelson effect; Linder hypothesis; Leontief paradox; Lerner symmetry theorem; Terms of trade