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This means for example the Country in consideration Exports the same quantity of good i as much as it Imports. Conversely, if GL i = 0, there is no intra-industry trade at all. This would mean that the Country in consideration only either Exports or only Imports good i .
For a very simple example, it could be argued that although a BMW and a Ford are both motor cars, and although a Budweiser and a Heineken are both beers, they are really all different products. Various indexes of IIT have been created, including the Grubel–Lloyd index, the Balassa index, the Aquino index, the Bergstrand index and the Glesjer ...
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
An example of a simple open chain is a serial robot manipulator. These robotic systems are constructed from a series of links connected by six one degree-of-freedom revolute or prismatic joints, so the system has six degrees of freedom. An example of a simple closed chain is the RSSR spatial four-bar linkage.
Greubel Forsey is a Swiss watchmaking company specializing in complicated, high-end timepieces. [1] It was launched in 2004 by Robert Greubel and Stephen Forsey and is based in La Chaux-de-Fonds, Switzerland.
which is an explicit formula for the Fourier coefficients a j,k. With periodic boundary conditions, the Poisson equation possesses a solution only if b 0,0 = 0. Therefore, we can freely choose a 0,0 which will be equal to the mean of the resolution. This corresponds to choosing the integration constant.
The most commonly used index from the family, FGT 2, puts higher weight on the poverty of the poorest individuals, making it a combined measure of poverty and income inequality and a popular choice within development economics. The indices were introduced in a 1984 paper by economists Erik Thorbecke, Joel Greer, and James Foster. [1] [2]
In mathematics, Abel's identity (also called Abel's formula [1] or Abel's differential equation identity) is an equation that expresses the Wronskian of two solutions of a homogeneous second-order linear ordinary differential equation in terms of a coefficient of the original differential equation.