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Intra-Industry Trade

Edited by P.J. Lloyd, Professor Emeritus, University of Melbourne, Australia and Herbert G. Grubel, Emeritus Professor of Economics, Simon Fraser University and Senior Fellow, The Fraser Institute, Canada
This authoritative new collection presents a selection of previously published seminal articles that have led to the development of intra-industry trade theory and empirical research.
Extent: 576 pp
Hardback Price: £167.00 Web: £150.30
Publication Date: 2003
ISBN: 978 1 84064 943 7
Availability: In Stock
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  • Business and Management
  • International Business
  • Economics and Finance
  • International Business
  • International Economics
This authoritative new collection presents a selection of previously published seminal articles that have led to the development of intra-industry trade theory and empirical research.

Parts I and II cover the pioneering research in the 1960s and a number of models of intra-industry trade that were developed from 1979 to the present day. Parts III and IV look at the empirical research problems in the choice of measure of intra-industry trade and empirical studies that seek to identify the nature of this trade. Part V deals with the role of the multinational corporation and part VI completes the collection with articles that look at extensions to asset markets and applications to other problems such as the geography of trade and rules of origin.

Intra-Industry Trade will be an invaluable source of reference to all international trade economists and libraries specialising in this area.
30 articles, dating from 1960 to 2002
Contributors include: B. Balassa, A. Dixit, W. Ethier, D. Davis, D. Greenaway, E. Helpman, P. Krugman, K. Lancaster, J. Markusen, A. Venables
Contents:
Acknowledgements
Introduction Peter J. Lloyd and Herbert G. Grubel
PART I THE BEGINNINGS
1. P.J. Verdoorn (1960), excerpt from ‘The Intra-Bloc Trade of Benelux’
2. Kiyoshi Kojima (1964), ‘The Pattern of International Trade Among Advanced Countries’
3. Bela Balassa (1966), ‘Tariff Reductions and Trade in Manufactures among the Industrial Countries’
4. Herbert G. Grubel (1967), ‘Intra-industry Specialization and the Pattern of Trade’
PART II THE THEORY OF INTRA-INDUSTRY TRADE
5. Paul S. Armington (1969), ‘A Theory of Demand for Products Distinguished by Place of Production’
6. Paul R. Krugman (1979), ‘Increasing Returns, Monopolistic Competition, and International Trade’
7. Kelvin Lancaster (1980), ‘Intra-Industry Trade under Perfect Monopolistic Competition’
8. Elhanan Helpman (1981), ‘International Trade in the Presence of Product Differentiation, Economies of Scale and Monopolistic Competition: A Chamberlin–Heckscher–Ohlin Approach’
9. Rodney E. Falvey (1981), ‘Commercial Policy and Intra-Industry Trade’
10. James A. Brander (1981), ‘Intra-Industry Trade in Identical Commodities’
11. Avinash K. Dixit and Gene M. Grossman (1982), ‘Trade and Protection with Multistage Production’
12. Wilfred J. Ethier (1982), ‘National and International Returns to Scale in the Modern Theory of International Trade’
13. Donald R. Davis (1995), ‘Intra-industry Trade: A Heckscher–Ohlin–Ricardo Approach’
14. Peter J. Lloyd (1994), ‘Aggregation by Industry in High-Dimensional Models’
PART III MEASUREMENT OF INTRA-INDUSTRY TRADE
15. H.G. Grubel and ? (1971), ‘The Empirical Measurement of Intra-Industry Trade’
16. David Greenaway and Chris Milner (1981), ‘Trade Imbalance Effects in the Measurement of Intra-Industry Trade’
17. Jacob Kol and Loet B.M. Mennes (1986), ‘Intra-Industry Specialization: Some Observations on Concepts and Measurement’
18. Clive Hamilton and Paul Kniest (1991), ‘Trade Liberalisation, Structural Adjustment and Intra-Industry Trade: A Note’
19. Marius Brülhart (1994), ‘Marginal Intra-Industry Trade: Measurement and Relevance for the Pattern of Industrial Adjustment’
PART IV EMPIRICAL STUDIES
20. Elhanan Helpman (1987), ‘Imperfect Competition and International Trade: Evidence from Fourteen Industrial Countries’
21. David Hummels and James Levinsohn (1995), ‘Monopolistic Competition and International Trade: Reconsidering the Evidence’
22. Donald R. Davis and David E. Weinstein (2000), ‘International Trade as an "Integrated Equilibrium": New Perspectives’
23. David Greenaway, Robert Hine and Chris Milner (1994), ‘Country-Specific Factors and the Pattern of Horizontal and Vertical Intra-Industry Trade in the UK’
PART V THE ROLE OF THE MULTINATIONAL CORPORATION
24. John H. Dunning (1981), ‘A Note on Intra-Industry Foreign Direct Investment’
25. James R. Markusen and Anthony J. Venables (2000), ‘The Theory of Endowment, Intra-industry and Multi-national Trade’
26. David Greenaway, Peter J. Lloyd and Chris Milner (2001), ‘Intra-industry Foreign Direct Investment and Trade Flows: New Measures of Global Competition’
27. Sanjaya Lall (1978), ‘The Pattern of Intra-firm Exports by U.S. Multinationals’
PART VI EXTENSIONS TO OTHER MARKETS AND APPLICATIONS TO OTHER PROBLEMS
28. Mary Amiti and Anthony J. Venables (2002), ‘The Geography of Intra-Industry Trade’
29. Peter L. Rodriguez (2000), ‘Rules of Origin with Multistage Production’
30. Herbert G. Grubel (1979), ‘Towards a Theory of Two-Way Trade in Capital Assets’
Name Index