TY - JOUR
T1 - Imperfect competition and international trade
T2 - Evidence from fourteen industrial countries
AU - Helpman, Elhanan
N1 - Funding Information:
Recent developments in the theory of international trade in the presence of economies of scale and imperfect competition have shed new light on observed trade patterns. Particularly useful in this respect has been the * I am very grateful to Per Skedinger and Peter Sellin, of the Institute for International Economic Studies, University of Stockholm, who performed most of the computations for this study. The last stages of the project were carried out with the aid of the Foerder Institute for Economic Research. I thank the Bank of Sweden Tercentenary Foundation for financing the acquisition of the data set and parts of the computations, the Foerder Institute, and especially the NEC for financing most of this research through a grant to the Kennedy School of Government.
PY - 1987/3
Y1 - 1987/3
N2 - Three hypotheses that emerge from a theoretical model are discussed. Two of them concern the behavior of the share of intraindustry trade while the third concerns the volume of trade. One is that in cross-country comparisons the larger the similarity in factor composition, the larger the share of intraindustry trade. The second is that in time series data the more similar the factor composition of a group of countries becomes over time, the larger the share of intraindustry trade within the group. The third is that changes over time in relative country size can explain the rising trade-income ratio. All three hypotheses are consistent with the data. J. Japan. Int. Econ., March 1987, 1(1), pp. 62-81. Department of Economics, Tel Aviv University, Ramat-Aviv, Tel Aviv 69978, Israel.
AB - Three hypotheses that emerge from a theoretical model are discussed. Two of them concern the behavior of the share of intraindustry trade while the third concerns the volume of trade. One is that in cross-country comparisons the larger the similarity in factor composition, the larger the share of intraindustry trade. The second is that in time series data the more similar the factor composition of a group of countries becomes over time, the larger the share of intraindustry trade within the group. The third is that changes over time in relative country size can explain the rising trade-income ratio. All three hypotheses are consistent with the data. J. Japan. Int. Econ., March 1987, 1(1), pp. 62-81. Department of Economics, Tel Aviv University, Ramat-Aviv, Tel Aviv 69978, Israel.
UR - http://www.scopus.com/inward/record.url?scp=0002198858&partnerID=8YFLogxK
U2 - 10.1016/0889-1583(87)90027-X
DO - 10.1016/0889-1583(87)90027-X
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AN - SCOPUS:0002198858
SN - 0889-1583
VL - 1
SP - 62
EP - 81
JO - Journal of the Japanese and International Economies
JF - Journal of the Japanese and International Economies
IS - 1
ER -