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The Grubel–Lloyd index measures intra-industry trade of a particular product. It was introduced by Herb Grubel and Peter Lloyd in 1971. = (+) | | + = | | +; where X i denotes the export, M i the import of good i.
Various indexes of IIT have been created, including the Grubel–Lloyd index, the Balassa index, the Aquino index, the Bergstrand index and the Glesjer index. Research suggests that IIT is not simply a fiction or artifact produced by statistical classifications and definitions, but very much a reality.
Grubel has published 27 books and more than 130 professional articles in economics, dealing with international trade and finance and a wide range of economic policy issues. One of his most important contributions to international economics is the Grubel–Lloyd index , which measures intra-industry trade of a particular product.
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Grubel or Grübel is a surname. Notable people with the surname include: Notable people with the surname include: Herb Grubel (born 1934), Canadian politician
In continuum mechanics, a power-law fluid, or the Ostwald–de Waele relationship, is a type of generalized Newtonian fluid.This mathematical relationship is useful because of its simplicity, but only approximately describes the behaviour of a real non-Newtonian fluid.
Finding an optimal solution to the above problem results in a quantizer sometimes called a MMSQE (minimum mean-square quantization error) solution, and the resulting PDF-optimized (non-uniform) quantizer is referred to as a Lloyd–Max quantizer, named after two people who independently developed iterative methods [6] [21] [22] to solve the two ...
The Hausner ratio (H) is related to the Carr index (C), another indication of flowability, by the formula = / (). Both the Hausner ratio and the Carr index are sometimes criticized, despite their relationships to flowability being established empirically, as not having a strong theoretical basis.